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:

Lewis Line Structure

A representation of molecules where atoms are shown as letters and covalent bonds as lines, illustrating the connectivity of atoms within the molecule.

3-Octene

A chemical compound belonging to the group of alkenes with the molecular formula C8H16, featuring a double bond between the third and fourth carbon atoms.

Line Structure

A simplified representation used in chemistry to show the arrangement of atoms in molecular structures.

Alkynes

A group of hydrocarbons that contain at least one carbon-carbon triple bond, characterized by the formula CnH2n-2.