Examlex

Solved

A Certificate of Deposit Is an Instrument Containing an Acknowledgement

question 27

True/False

A certificate of deposit is an instrument containing an acknowledgement by a bank that it has received a deposit of money and a promise by the bank to repay the sum of money.


Definitions:

Moral Development

refers to the process through which individuals develop an understanding of values, ethics, and morality, progressing through various stages of moral reasoning throughout their life.

Immanent Justice

Immanent Justice is a cognitive bias, particularly in children, where it is believed that moral behavior is always rewarded and immoral behavior is always punished, naturally or supernaturally.

Moral Development

The growth of an individual's understanding of the principles of right and wrong and the application of this understanding to behavior.

Autonomous Morality

The stage of development where individuals follow internal moral principles, rather than obeying external rules and authority.

Related Questions