menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 2
  4. Exam
    Exam 5: Managing Checking and Savings Accounts
  5. Question
    Institutions Usually Have a Rule Requiring That Time Deposit Account
Solved

Institutions Usually Have a Rule Requiring That Time Deposit Account

Question 146

Question 146

True/False

Institutions usually have a rule requiring that time deposit account holders give 30 to 60 days notice for withdrawals,although this restriction is seldom enforced.

Correct Answer:

verifed

Verified

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

Related Questions

Q141: Which type of bank agreement will result

Q142: Savers should select an institution that calculates

Q143: A grace period is the time period

Q144: Time deposits are savings that are expected

Q145: The regulator of commercial banks and saving

Q147: Most homeowner's and renter's insurance policies cover

Q148: A person who is a joint owner

Q149: One should accumulate enough savings to cover

Q150: Time deposits specify a period that the

Q151: Which of these is a reason many

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines