M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell

Exercise 51

Money market accounts differ from interest-bearing checking accounts in that

A. owners can write only a limited number of checks, and there may be a minimum amount allowed for each check.

B. owners can take out their funds whenever they want in whatever amount they want.

C. owners cannot withdraw the funds before the end of a specified interval.

D. they cannot be converted into cash.

E. owners cannot withdraw the funds without advance notice.