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:

Amyotrophic Lateral Sclerosis

A progressive neurodegenerative disease affecting nerve cells in the brain and spinal cord, leading to loss of muscle control.

Myasthenia Gravis

Myasthenia Gravis is an autoimmune disorder characterized by weakness and rapid fatigue of voluntary muscles, caused by a breakdown in communication between nerves and muscles.

Spinal Motor Neurons

Nerve cells located in the spinal cord that initiate and control movements of the muscles.

Amyotrophic Lateral Sclerosis

A progressive neurodegenerative disease affecting nerve cells in the brain and spinal cord, leading to loss of muscle control and mobility.