Which of the following are exempt transactions as defined in the Uniform Securities Act?
An agent sells a security issued by a foreign government with which the United States has diplomatic relations to an individual client.
An agent fills a buy order based upon an unsolicited request from an existing client to purchase a nonexempt security.
The sale of an unregistered nonexempt security in a private, nonpublicly advertised transaction to 14 noninstitutional investors over a period not exceeding 12 months.
The sale of unlisted securities by a trustee in bankruptcy.
A) III and IV.
B) I and II.
C) I and III.
D) II and IV