Which of the Following Liabilities Have a High Degree of Withdrawal

question 12

Multiple Choice

Which of the following liabilities have a high degree of withdrawal risk?

• A)Passbook savings.
• B)NOW Accounts.
• C)Demand deposits.
• D)Time deposits.
• E)Wholesale CDs.

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Definitions:

Conditional Sales Contracts

Agreements where the sale is contingent upon certain conditions, often used in transactions involving goods or property.

Purchased Equipment

Machinery or tools acquired by a business for use in its operations, representing capital expenditure and an enhancement of operational capacities.

Credibility

The quality of being trusted and believed in, often considered crucial for businesses, leaders, and information sources.

Bankers

Professionals who are employed by banks, offering financial services to clients such as loans, deposits, and currency exchange.