Many large law firms have a technology support staff

Cal, age 57, owns a whole life insurance policy with a $750,000 face amount that was paid for with a single premium of $100,000. The current cash value is $125,000. If he were to borrow $30,000 from this policy today, which of the following choices best describes the tax treatment this transaction will receive?

A) $25,000 of the loan is subject to income taxation plus an additional 10% penalty tax. B) The first $25,000 of the loan is tax-free, but the remaining $5,000 is subject to income taxation. C) The loan is income tax-free. D) The first $5,000 of the loan is tax-free, and the remaining $25,000 is subject to income taxation.

A health club that places brochures in local apartment complexes describing its facility is most likely accomplishing which of the following promotion objectives?

A) Persuading B) Informing C) Prioritizing D) Strategizing E) Reminding