Which of the Following Regarding Certificates of Deposit (CDs)is Correct

question 83

Multiple Choice

Which of the following regarding certificates of deposit (CDs) is correct?

• A) CDs pay daily interest instead of monthly as for ordinary deposits.
• B) CDs generally pay higher interest because they are not liquid.
• C) The rate of interest on a CD can be adjusted quickly.
• D) CDs with a face value of more than $100 000 are non-negotiable.

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Definitions:

Ethical People

Pertains to individuals who consistently demonstrate morals and values in their decision-making and behaviors.

Ethically Marginal

Situations or practices that are on the border of being considered right or wrong, often challenging moral or ethical boundaries.

Marginally Ethical

Actions or decisions that skirt the boundaries of moral or ethical standards, often causing debate over their propriety or integrity.

Negotiating Tactics

Strategies or methods used to gain an advantageous position during discussions for agreements or disputes.