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Money kept in checking accounts and withdrawable on demand forms:

ADeferred deposits
BDeclared deposits
CDetached deposits
DDemand deposits
Answer & Solution
Correct answer: D. Demand deposits
1. The holder can take it out at any time. 2. No notice period applies. 3. Those are demand deposits. _Source: OpenStax Introduction to Business 2e, Chapter 15, Understanding Money and Financial Institutions._
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