Suppose International Trading Enterprises purchased 25,000 kilograms of Belgian chocolate for a price of 100,000 euros. If the current exchange rate is .77000 euros to the U.S. dollar, what is the purchase price of the chocolate in dollars?

An insured that wants to reinstate a lapsed permanent life policy must do so within

A) 4 years B) 3 years C) 5 years D) 2 years"

A broker who has done a proper CMA, discusses the probable market value of the property with the seller, and the seller wants an unrealistic price on the property all of the following are true EXCEPT

A) Suggest the seller have a formal appraisal done. B) Take the listing with the understanding that price reductions may be needed. C) Must take the listing at the proposed seller's price D) May decline to take the listing at the high price.