A Two-Party Negotiable Instrument That Is a Special Form of Note

question 19

Multiple Choice

A two-party negotiable instrument that is a special form of note created when a person deposits money at a financial institution in exchange for the institution's promise to pay back the amount of the deposit plus an agreed-upon rate of interest upon the expiration of a set time period agreed upon by the parties is known as a ________.

• A)collateral note
• B)check
• C)certificate of deposit
• D)bill of exchange

---

Definitions:

Agreeableness

A personality trait characterized by qualities such as trustworthiness, altruism, kindness, affection, and other prosocial behaviors.

Openness

A personality trait that features the willingness to experience a variety of activities, high curiosity, and an appreciation for art and adventure.

Humanistic Perspectives

A psychological approach that emphasizes the study of the whole person and the uniqueness of each individual's experience, focusing on self-determination and free will.

Trait Theories

Theories in psychology focused on the identification and measurement of consistent personality characteristics and patterns of behavior.