How do checkable deposits differ from demand deposits? O A. Demand deposits are those transactions accounts...
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How do checkable deposits differ from demand deposits? O A. Demand deposits are those transactions accounts against which a limited number of checks can ordinarily be written. Checkable deposits carry no restrictions on transferability. OB. Only demand deposits can be utilized as a medium of exchange. OC. Only checkable deposits can be utilized as a medium of exchange. O D. Demand deposits are those transactions accounts against which an unlimited number of checks can ordinarily be written. Checkable deposits often carry restrictions on transferability. How do checkable deposits differ from demand deposits? O A. Demand deposits are those transactions accounts against which a limited number of checks can ordinarily be written. Checkable deposits carry no restrictions on transferability. OB. Only demand deposits can be utilized as a medium of exchange. OC. Only checkable deposits can be utilized as a medium of exchange. O D. Demand deposits are those transactions accounts against which an unlimited number of checks can ordinarily be written. Checkable deposits often carry restrictions on transferability.
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Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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