Brian wants to deposit $80 000 for two months in an authorized institution in Hong Kong in the form of a negotiable certificate of deposit. Which of the following statements is correct?
A. As the term of maturity is longer than one month, a deposit-taking company can accept his deposit.
B. As the term of maturity is shorter than three months, a restricted licence bank can accept his deposit.
C. As the amount of deposit is less than $500 000, a restricted licence bank cannot accept his deposit.
D. As negotiable certificates of deposit are not available in a licenses bank, a licensed bank cannot accept his deposit.