Peter Has Put the Money He Has Earned Over the Summer

question 15

Multiple Choice

Peter has put the money he has earned over the summer to pay for college tuition in January at a Canadian bank. He cannot touch that money until January 1. Which type of deposit does Peter have?

• A) time deposit
• B) term deposit
• C) demand deposit
• D) fixed deposit

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Definitions:

Social Territory

The concept refers to spaces or domains where social groups establish norms, rules, and identities, influencing how they interact and behave within those spaces.

Semipublic Places

Areas or settings that are not wholly public or private, where access is controlled or restricted to certain groups.

Third Places

Public places on neutral ground where people can gather and interact, such as cafes, parks, or community spaces.

Informal Gathering

A casual assembly of individuals or groups without formal structure or agenda, typically for social interaction.