ACI
3I0-013 · Question #232
3I0-013 Question #232: Real Exam Question with Answer & Explanation
The correct answer is C. Itis a non-negotiable instrument. See the full explanation below for the reasoning.
Question
Which of the following is caracteristical of a CD?
Options
- AA CD is a certificate for a gold deposit
- BThe CD issuer can redeem the certificate at any time
- CItis a non-negotiable instrument
- DA CD is a certificate for a time deposit
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