Wanda Bought a Certificate of Deposit and Automatically Received a Free

question 20

Multiple Choice

Wanda bought a certificate of deposit and automatically received a free bike.She purchased a

• A) Bump-up CD.
• B) Callable CD.
• C) Portfolio CD.
• D) Promotional CD.
• E) Stock-indexed CD.

---

Definitions:

Personal Property

Any property that is not real estate or attached to land, including movable objects and intangible rights.

Executor-Administrator Provision

A clause in a will or estate plan that specifies who will manage the estate (executor) if the will is with a will, or the court appoints an administrator if there is no will.

Decedent's Estate

The legal term for the property, assets, and liabilities left behind by a person after they die.

Symbolic Interactionists

Scholars who focus on the symbolic aspects of social interactions and how individuals construct and interpret these interactions through language and symbols.