Which of the following is an incorrect statement regarding the application of the 318 stock attribution rules? no response is correct. O Stock owned by a partnership is deemed to be owned proportionately by a partner. Stock owned by any shareholder owning 50% or more of a corporation's stock is deemed to be owned in full by the corporation. Stock owned by an estate is deemed to be owned in full by a beneficiary. O An individual is not deemed to own the shares owned by his or her siblings