Which of the Following Features Make a Negotiable CD Different

question 17

Multiple Choice

Which of the following features make a negotiable CD different from a term deposit?

• A)It has a maturity date.
• B)It can be transferred to a third party before the maturity date.
• C)The bank pays a fixed interest rate on it.
• D)The interests are paid at the maturity date.

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Definitions:

Proximal Stimulus

The physical energy from a stimulus as it directly interacts with sensory receptors.

Retinal Image

The visual picture formed on the retina, the light-sensitive surface at the back of the eye, enabling sight.

Optic Nerve

A cranial nerve that transmits visual information from the retina to the brain.

Supertaster

A person with a heightened sensitivity to tastes, especially bitter flavors, due to having more taste buds than average.