What Does the Term Negotiable Mean, with Regard to Negotiable

question 47

Multiple Choice

What does the term negotiable mean, with regard to negotiable certificates of deposit?

• A) The CD can be sold to another investor if the owner needs to cash it in before its maturity date.
• B) The rate of interest on the CD is subject to negotiation.
• C) The CD is automatically reinvested at its maturity date.
• D) The CD has staggered maturity dates built in.
• E) The interest rate paid on the CD will vary with a designated market rate.

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Definitions:

Liberty

The quality or state of being free; the power to do as one pleases, free from oppressive restrictions imposed by authority on one's way of life, behavior, or political views.

Indians

Refers to the indigenous peoples of India or the Indigenous peoples of the Americas, depending on the context, known for their rich cultures, histories, and contributions to society.

Pueblo Revolt

A 1680 uprising of Pueblo Native Americans against Spanish colonization in the province of Santa Fe de Nuevo México, leading to the expulsion of the Spanish for 12 years.

Zheng He

A Chinese mariner, explorer, diplomat, and fleet admiral who commanded expeditionary voyages to Southeast Asia, South Asia, Western Asia, and East Africa from 1405 to 1433.