In the context of financial securities,certificates of deposit:

A. are considered to be among the safest investment options because of their predictable rate of return.
B. are similar to savings accounts as both are issued for a variable term that can range from six months to ten years.
C. offer higher returns than most other types of investments.
D. can be cashed in before they mature without incurring any penalty.


Answer: A

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A. It has several sections prohibiting fraud in securities transactions. B. It has registration provisions for issuance of securities. C. The 1934 Act requires additional information in the registration statement. D. The 1934 Act requires periodic disclosure by issuers with publicly held equity securities.

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The North American Free Trade Agreement (NAFTA) includes special protection for favored industries that have a lot of lobby muscle

Indicate whether the statement is true or false

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The Supreme Court has consistently ruled that Congressional intent disfavors arbitration agreements

a. True b. False Indicate whether the statement is true or false

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Which of the following statements about social class is FALSE?

A. The various classes tend to save money in different ways. B. Income by itself can be a pretty good measure of social class. C. The various classes tend to borrow money in different ways. D. The various classes tend to have different attitudes. E. The various classes tend to have different beliefs.

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