Economy, asked by phukankongkona, 1 year ago

What is legal tender money?

Answers

Answered by rocketsid
2
Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation. The national currency is legal tender in practically every country. A creditor is obligated to accept legal tendertoward repayment of a debt.
Answered by coolbob2002
1
Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation. The national currency is legal tender in practically every country. A creditor is obligated to accept legal tende
Similar questions
Math, 6 months ago