With respect to loans from qualified retirement plans, which statement is not correct?

a) Loans must be repaid using a level amortization schedule over no more than 5 years (unless the loan is to purchase a principal residence.

b) The maximum loan amount is the lesser of 50,000 or 50% of the participant's vested account balance

c) Loans cannot be made to partners, limited liability company members, more-than-2% S corporation shareholders, and selft-employed individuals

d) Spousal consent is required if the participant is married.