Funds on Deposit in a Savings Account Are Considered Time

question 155

True/False

Funds on deposit in a savings account are considered time deposits rather than demand deposits.

---

Definitions:

Antibody

A protein produced by the immune system that recognizes and binds to specific foreign substances (antigens) to help fight off infections.

Antigens

Substances that induce an immune response in the body, especially the production of antibodies.

Radioimmunoassay

A sensitive technique used in biochemistry to measure concentrations of antigens by the use of antibodies.

False Positive

A test result which wrongly indicates the presence of a condition or characteristic.