1ISOs are a common benefit for executives. Which of the following statements is false regarding ISOs?

a. ISOs can only be granted to an employee of the corporation issuing the ISOs. ?

b. The exercise of ISOs may incur an AMT tax liability.?

c. ISOs will be treated as NQSOs to the extent that the aggregate fair market value of exercisable ISOs exceeds $100,000 in any one calendar year.

d. To qualify as an ISO, the executive must hold the stock for either two years from the grant of the ISO or two years from the date of exercise of the ISO. ?