Carin, a Widow, Elected to Receive the Proceeds of a $150,000

question 24

Multiple Choice

Carin, a widow, elected to receive the proceeds of a $150,000 life insurance policy on the life of her deceased husband in 10 installments of $17,500 each.Her husband had paid premiums of $60,000 on the policy.In the first year, Carin collected $17,500 from the insurance company.She must include in gross income:

• A)$0.
• B)$2,500.
• C)$10,000.
• D)$25,000.
• E)None of these.

Recognize the impact of culture on infant and toddler development.

Appreciate the role of reflexes in early developmental stages and their eventual replacement by voluntary actions.

Understand the benefits and considerations of co-sleeping with children.

Comprehend the role of sense of smell in an infant's developmental process.

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Definitions:

British Militaries

The armed forces of the United Kingdom, consisting of the Royal Navy, British Army, and Royal Air Force.

George Washington

The first President of the United States, serving from 1789 to 1797, a Founding Father, and Commander-in-Chief of the Continental Army during the American Revolutionary War.

Letters

Written communications between individuals, often used before the advent of modern electronic communications, to convey personal or formal messages.

Common Sense

The basic level of practical knowledge and judgment that we all need to help us live in a reasonable and safe way.