Which of the Following Statements Are TRUE

question 37

Multiple Choice

Which of the following statements are TRUE?

• A)Checkable deposits are payable on demand.
• B)Checkable deposits do not include NOW accounts.
• C)Checkable deposits are the primary source of bank funds.
• D)Checkable deposits are assets for the bank.

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Definitions:

Computerized Calendaring

The use of digital systems to schedule and manage appointments, deadlines, and court dates for legal professionals.

Attorney-Client Privilege

A legal principle that ensures communications between an attorney and their client are confidential and cannot be disclosed without the client's consent.

Texas

A large U.S. state known for its diverse landscapes, significant historical events, and as a major economic and cultural center.

Client Confidentiality

The ethical obligation of professionals to keep information related to their clients secure and private.