Choua applied for a $100,000 whole life policy but did not pay the initial premium at the time of application. When the agent later delivers the policy, the agent must collect the premium and obtain which of the following statements from Choua?

An income statement shows "income before income taxes and extraordinary items" in the amount of $2,055,000. The income taxes payable for the year are $1,080,000, including $360,000 that is applicable to an extraordinary gain. Thus, the "income before extraordinary items" is

a. $1,335,000. b. $615,000. c. $1,395,000. d. $675,000.

By law and regulation, a real estate agent is obligated to communicate any offer to the principal:

A: Unless the offer is terminated; B: Only if it is in writing; C: Whether the offer is verbal or written until the agency is terminated; D: Unless the principal has already accepted another offer.