A Certificate of Deposit

A certificate of deposit:

A) is an instrument in which the maker makes an unconditional promise to pay a fixed amount of money with interest to the payee on demand.
B) is the most widely used form of commercial paper that is a draft payable on demand and drawn on a bank.
C) is an instrument in which the maker makes an unconditional promise to pay a fixed amount of money without interest to the payee at the specified future time.
D) is an instrument containing an acknowledgment by a bank that it has received a deposit of money and a promise to repay the sum of money.