Question

Which is an example of a demand account

Answer 1

I believe the answer is: checking accounts

Demand account refers to a service provided by the bank that allows people to withdraw the fund that they've previously stored in the bank.

Through checking accounts you can made a check payments in transaction with other people. When check receiver cash the checks, the balance in your fund would automatically reduced and allocated to your transaction partner.

Answer 2

Checking accounts are an example of demand deposits.