Sec. 1244 was enacted in order to encourage investment in small business enterprises Which of these characteristics ISNOT Necessary in order for stock to qualify under Sec. 1244 Select one: a. Paid-in capital did not exceed $1 million at the time of stock issuance. b. More than 50% of the gross receipts must be from sources other than passive income during the five preceding years. C The stock must be owned by an individual or partnership. d. The stock must have been issued for cash or property other than stock on securities e. Received as a gift or inheritance from their parents who were the original owner The stock must not have been issued in exchange for services, 9. The corporation must be a domestic corporation n. The stock must have been originally issued by the corporation to the shareholder