What is the SRLY-Sec. 382 overlap rule? Explain its significance and application to a consolidated tax return. O A. The overlap rule partially waives the application of the SRLY rules in many circumstances where the Sec. 382 limitation also applies. Many corporate acquisitions would be subject to only the SRLY rules if the overlap rule did not exist. O B. The overlap rule waives the application of the SRLY rules in many circumstances where the Sec. 382 limitation also applies. Many corporate acquisitions would be subject to both the SRLY and Sec. 382 limitations if the overlap rule did not exist. OC. The overlap rule is a substitute for Sec. 382 and it fully waives the application of the SRLY rules. O D. The overlap rule enforces the application of the SRLY rules in many circumstances where the Sec. 382 limitation also applies. Many corporate acquisitions would be subject to both the SRLY and Sec. 382 limitations if the overlap rule did not exist