Historical financial statements reflect past performance and are usually prepared on a quarterly and annual basis

Which of the following does not terminate an agency relationship?

a. Destruction of the subject property. b. Death or incapacity of the agent or principal. c. Refusal to perform by the agent or principal. d. Completion of the purpose of the employment.

An individual investor generally does not need to register securities that the investor sells

because the investor is not an issuer of securities. Indicate whether the statement is true or false