A certificate of deposit differs from a promissory note in that:
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. Both the maker is always a bank and the payee of a CD must be paid on demand.
a
Business
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Which groups of U.S. nonfinancial firms have the highest composite proportions of PP&E to TA?
a. S&P Industrials b. S&P MidCaps c. S&P SmallCaps d. S&P Transports and Utilities
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What is a business angel? Describe the prototypical business angel. How much money do business angels typically invest in a single company?
What will be an ideal response?
Business