There are several exceptions to the general rule that the full principal amount of any loan to a sharcholder must be incloded in the sharcholder's income is twe taxation year in which the loan is made. Which of the following is NOT one of these exeeptions?

a$.$ The loan was made to allow the sharebolder who is also an employee to acquare shares of an arm's length competing corporation.

b$.$ The loan was made to allow the sharcholder who is also an employee to acquire additional shares of the corporation.

c$.$ The corporation and the shareholder are both mon$-$residents carning Canadian business income.

d$.$ The loan was made in the ordinary course of a money lending business of the corporation.