A Negotiable CD Is

question 42

Multiple Choice

A negotiable CD is

• A)a time draft payable to a seller of goods,with payment guaranteed by a bank.
• B)a loan to an individual or business to purchase a home,land,or other real property.
• C)a short-term fund transferred between financial institutions usually for no more than one day.
• D)a marketable bank-issued time deposit that specifies the interest rate earned and a fixed maturity date.
• E)a short-term unsecured promissory note issued by a company to raise funds for a short time period.

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Definitions:

Value Meal

A meal or combination of food items offered at a fast-food restaurant for a lower price than if the items were purchased separately.

Medium Fries

Generally refers to a portion size of fried potatoes offered in fast food or restaurant settings, situated between small and large size options.

Marginal Benefit

The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Additional Serving

An extra portion or second helping of food provided after the consumption of an initial serving.