Question

what is optional money​

Answer 1

Answer:

Optional money refers to non-legal tender money which do not enjoy any statutory backing but it is generally accepted by the people in final payments and in settlements of cash transactions. It consists of credit instruments like bills of exchange, cheques, handiest, etc.

Answer 2

Answer:

Optional money refers to non-legal tender money which do not enjoy any statutory backing but it is generally accepted by the people in final payments and in settlements of cash transactions. It consists of credit instruments like bills of exchange, cheques, handiest, etc.

Explanation:

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