The correct answer is 30 September. This means Audrey needs to complete her annual 15 hours of Continuing Education requirement by 30 September in Aalabama.
According to Alabama Real Estate Commission an active license must be renewed every two years and must have completed a minimum of fifteen (15) clock hours of continuing education as specified by the Commission. On the last day of every even year, September 30, these hours must be finished. The following constitutes the fifteen-hour continuing education course requirement:
(a) Three (3) hours of the Risk Management course that has been approved by the Commission.
(b) Twelve (12) clock hours of authorized coursework by the Commission.
Bonds are considered very low risk for the very simple reason that they are backed by the power of the credit of the United States.
So, the only REAL risk for investors is that the United States default on its debts, that is, that they don't pay their debts. This could happen if all foreign owned debts are called in at once.
