Final answer:
The correct answer is C) Peter must renew his license by June 30 to avoid late fees.
Step-by-step explanation:
The correct answer is C) Peter must renew his license by June 30 to avoid late fees. Peter's sales agent license expires on June 30, and if he fails to renew it by that date, he will incur late fees. It is important for Peter to renew his license on time to avoid any penalties or additional costs.