Which of the following is true concerning S corporation shares?

A trust eligible to be an electing small business trust can hold S Corporation shares only if the beneficiaries timely elect to do so

S Corporation shares held by as trust making as Section 645 election to be combined with the decedent's estate will cause the S election to be terminated

A trust estsblished by a decedent's will can hold S Corporation shares for a period of two years from the date shares are transferred to the trust by the decedent's will, without termination the S election

S Corporastion shares held after the death of the initial beneficiasry of a Qualifying Subshapter S Trust, unless the successor income beneficiary consents to the election within 75 days, will cause the termination of the S election.