Which of the following statements accurately reflects the nature of buy-sell agreements?

A. A stock redemption plan must have a corporation as a party to the contractual arrangement. B. A stock redemption plan increases the cost basis of surviving shareholders. C. Under a cross-purchase plan funded with life insurance, premiums paid are tax deductible to the payor. D. Proceeds of a life insurance policy owned by a surviving shareholder must be included in the gross estate of the decedent.