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<p>a- Treasury Bills</p> <p>b- Commercial papers,</p> <p>c- Certificate of Deposits</p> <p>d- Junk Bonds</p> <p> </p>
Answer C: Certificate of Deposits.
Treasury bills are promissory notes issued by the national government
Junk bonds are high-risk investment bonds that could yield higher return
Commercial papers are unsecured promissory notes issued by corporations.
Agreed with most of the answers that CD's issued by banks to its customer is a liability.
Option C- Certificate of Deposits
Bank issuing this letter upon requirement of employer or to change bank. In this letter all liabilities mentioned by bank.
C Certificate of Deposits
Primary liability of a bank is its deposit base, the certificates of deposits it issues as a proof of its liability towards its customers.
Certificate of deposits
Answer C
Agree with all answers
Certificate of Deposit is the right answer.
C
C = Certificate of Deposits ..........................................................................................
( C ) ANSWER
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