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Negotiable Certificates of Deposits Are Differentiated from Fixed Time Deposits

question 2

True/False

Negotiable certificates of deposits are differentiated from fixed time deposits by their negotiability and active trading in the secondary markets.


Definitions:

Multiple approach-avoidance

A conflict occurring when a person is faced with a decision that has both attractive and unappealing aspects.

Approach-avoidance

A psychological conflict that occurs when a single goal or situation has both positive and negative aspects that make the goal appealing and repelling simultaneously.

Avoidance-avoidance

A type of conflict that occurs when an individual is forced to choose between two equally unpleasant or undesirable alternatives.

Approach-approach

A conflict situation where an individual must choose between two attractive alternatives.

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