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Which of the Following Is Not True About Certificates of Deposit

question 30

Multiple Choice

Which of the following is not true about certificates of deposit (CDs) ?


Definitions:

Restrictions

Limitations or constraints on action, activity, or movement.

Prohibition

A legal restriction that prevents certain actions or behaviors, often associated with the control of drugs or alcohol.

Rules of Natural Justice

Fundamental procedural legal principles that ensure fairness in decision-making processes, including the right to a fair hearing and the prohibition of bias.

Requirements

Conditions or specifications that must be met or complied with.

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