When Liquidating a Traditional Certificate of Deposit (CD) Prior to Maturity

question 118

Multiple Choice

When liquidating a traditional certificate of deposit (CD) prior to maturity, the owner:

• A)must repay the interest due on the CD.
• B)must return it to the issuing institution.
• C)must refund the difference in the face value and market value of the CD to the issuing institution.
• D)must claim the interest earned by the bank by investing the CD amount.
• E)must deposit the amount equivalent to the CD amount in a savings account with the same bank.

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Definitions:

Positively Selected Allele

A positively selected allele is a variant of a gene that provides an advantage to individuals in their environment, increasing its frequency in the population.

Directional Selection

Directional selection favors individuals on one end of the distribution of phenotypes present in a population.

Paralogs

Genes within the same organism that have evolved by duplication and may have different functions.

Gene Family

A group of genes sharing a common origin that typically encode proteins with similar functions.