Most large certificates of deposit are:
A) not negotiable because they are bank-made debts
B) not negotiable because Article 3 does not allow them to be negotiable
C) not negotiable because the payee would lose control
D) not negotiable because the maker would lose control
E) insured by the FDIC for up to $100,000
Correct Answer:
Verified
Q283: A _ is one who lends money
Q284: Most large certificates of deposit are:
A) not
Q285: _ specify payment to be made in
Q286: Most large certificates of deposit are:
A) not
Q287: A _ requires immediate payment by the
Q289: A _ requires immediate payment by the
Q290: A creditor is a person or business
Q291: Most large certificates of deposit are:
A) not
Q292: When a payee wants to get cash
Q293: An "acknowledgment by a bank" that it
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