Which of the Following Statements Regarding a Partner's Basis Adjustments

Multiple Choice

Which of the following statements regarding a partner's basis adjustments is true?

A) A partner must adjust his basis for ordinary income (loss) but not for separately-stated items.
B) A partnership fine or penalty paid by the partnership does not affect a partner's basis.
C) A partner's basis may never be reduced below zero.
D) Relief of partnership debt increases a partner's tax basis.