differentiate between legal tender and unlimited legal tender
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The legal tender status given by the government to money may be limited or unlimited. ... For example in India, paper notes are unlimited legal tender because all currency notes can be used to settle payments of unlimited value. Note: that currency notes of denomination of र 2 an
SwatiAgrawal:
it seems your answer is half
In India, coins are limited legal tender. ... (b) Unlimited Legal Tender: It refers to that form oflegal tender money, which can be paid in discharge of a debt of any amount. Legal action can be taken against a person who refuses to accept this money. In India, paper notes are unlimited legal tender.
thanks
it's 9
it's ok
it's 9 means??
sorry I said it's ok
kk
but how coins are limited...
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