Which of the following is NOT a true statement?

a) A capital loss arises when the selling price of an asset is lower than the original purchase price.

b) A capital gain arises when the selling price of an asset is greater than the original capital cost.

c) CCA recapture occurs when the salvage value of an asset exceeds the UCC and selling the asset terminates the CCA asset class.

d) A terminal loss occurs when the salvage value of an asset is less than the ending UCC and selling the asset terminates the CCA asset class.