The next three questions all relate to the same taxpayer, Jackson Corporation. Jackson corporation is a publicly traded " C " corporation owned by more than 100,000 shareholders. The corporation is in the computer manufacturing business. Which of the following statements is correct regarding the application of the at-risk rules and/or the passive activity rules? Select one: a. The at-risk rules and the passive activity rules may apply to Jackson corporation. b. The at-risk rules may apply to Jackson corporation, but not the passive activity rules. c. The at-risk rules do not apply, but the passive activity rules may apply. d. The at-risk rules and the passive activity rules will not apply to Jackson. e. None of the above