Environmental Sciences, asked by naveenmahto0, 5 months ago

f. What is NON-LEGAL TENDER' money? Give example.

Answers

Answered by josaphoa1971
2

Answer:

hope it's help you

Explanation:

Non-Legal Tender-Money: It is a form of money, which is generally accepted, but legally is not bound to accept it. Such as cheques, bank drafts, bills of exchange, postal orders etc. are not legal tenders and are accepted only at the option of the creditor, lender, or seller.

Answered by Anonymous
5

Explanation:

It is a form of money, which is generally accepted, but legally is not bound to accept it. Such as cheques, bank drafts, bills of exchange, postal orders etc. are not legal tenders and are accepted only at the option of the creditor, lender, or seller.

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