A Certificate of Deposit Differs from a Promissory Note in That

question 39

Multiple Choice

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

• 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) Both the maker is always a bank  and the payee of a CD must be paid on demand .

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Definitions:

Self-Serving Bias

A cognitive bias that involves attributing positive events to one’s own character but attributing negative events to external factors.

Sociometry

A quantitative method for measuring social relationships, often used to identify the social structure within groups by analyzing choices and preferences among members.

Implicit Self-Esteem

Self-esteem you are not necessarily aware of having.

False Uniqueness Effect

A cognitive bias wherein individuals underestimate the extent to which their abilities, behaviors, or beliefs are shared by others.