An "Acknowledgment by a Bank" That It Has Received Money

question 287

Multiple Choice

An "acknowledgment by a bank" that it has received money from a customer with a promise by the bank that it will repay the money received at a date specified or,in some instances,on demand is a:

• A)certificate of deposit
• B)certificate of payment
• C)balloon certificate
• D)real estate certificate
• E)draft certificate

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Definitions:

Arguing from Ignorance

A fallacy that occurs when someone argues that a statement is true simply because it has not been proven false, or vice versa.

Ad Populum Argument

A fallacy that appeals to the popularity of a claim as a reason to accept it as true.

Notable Universities

Institutions of higher education that are widely recognized for their excellence in academia, research, and contributions to society.

Logical Fallacies

Misleading arguments that fail in logical reasoning, often undermining the validity of an argument.