Solved

A Certificate of Deposit Differs from a Promissory Note in That,with

Question 48

Multiple Choice

A certificate of deposit differs from a promissory note in that,with a certificate of deposit:


A) the maker is always a bank.
B) there are three parties to the transaction.
C) the payee of a CD must be paid on demand.
D) a writing is required.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions