Multiple choice technology testing

PASSIVA :____________ cashbond is non transferable

  1. Physical

  2. Electronic

  3. Fixed Period

  4. Variable Period

  5. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Electronic cashbonds are non-transferable because they are digitally recorded and tied to specific systems or accounts. Unlike physical cashbonds which can be physically handed over, electronic ones exist only within the banking system's records.

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