In Which Transaction Did the Donor/seller Not Recognize a Gain

Multiple Choice

In which transaction did the donor/seller not recognize a gain?

A) A gave his car to his brother, who took over the 12 months of payments remaining due; the indebtedness represented by the remaining payments exceeded A's basis in the car at the time of the transfer.
B) B sold a boat with a basis of $40,000 and fair market value of $60,000 to her nephew for $50,000.
C) C sold a cabin with a basis of $45,000 and fair market value of $50,000 to his niece for $50,000.
D) D gave her sister securities with a basis and fair market value of $25,000 in exchange for $10,000 in cash and a five-year, $15,000 note at 10 percent interest.