ACI

3I0-013 · Question #232

Which of the following is caracteristical of a CD?

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

How the community answered

(17 responses)

A
6% (1)
B
6% (1)
C
71% (12)
D
18% (3)

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Full 3I0-013 Practice