A Certificate of Deposit Differs from a Promissory Note in That,with

question 48

Multiple Choice

A certificate of deposit differs from a promissory note in that,with a certificate of deposit:

• A) the maker is always a bank.
• B) there are three parties to the transaction.
• C) the payee of a CD must be paid on demand.
• D) a writing is required.

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Definitions:

Public Busses

Describes a common mode of transportation operated on set routes for the general public.

Open Spaces

Areas of land that are not built upon, kept for either environmental purposes, recreation, or urban planning to provide light and space.

Orbitofrontal Cortex

A prefrontal cortex region in the brain involved in the cognitive processing of decision-making.

Obsessive-Compulsive Disorder

A chronic and long-lasting disorder where a person has uncontrollable, reoccurring thoughts (obsessions) and behaviors (compulsions) that he or she feels the urge to repeat over and over.