Which of the Following Would Be Considered an Appropriate Savings

question 45

Multiple Choice

Which of the following would be considered an appropriate savings vehicle for an emergency fund?

• A) Savings account
• B) Certificate of deposit
• C) Blue chip stocks
• D) Rare jewels

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Definitions:

Offeror

The party in a contract negotiation that presents the terms of the agreement to the offeree for acceptance.

Subject Matter

The substance or core topic addressed in a document, conversation, or area of study.

Offeree's Counteroffer

A response to an original offer in which the offeree proposes a different agreement, effectively rejecting the initial offer.

Offeror's Revocation

The withdrawal of an offer by the offeror that can occur any time before it is accepted by the offeree, terminating the offer.