Why demand deposits are not a legal tender. ??
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The summary of the given question would be summarized throughout the segment below.
Explanation:
The deposits of a paper check request aren't cash, as an individual or customer might deny reimbursement via cheques lawfully.
The administration's legally enforceable position comprises two species, such as:
- Limited legal tender.
- Unlimited legal tender.
This same amount seems to be acceptable only to the highest number set by the government, it should be the currency.
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