Economy, asked by shalini0007, 10 months ago

Why demand deposits are not a legal tender. ??​

Answers

Answered by Cricetus
0

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.

Learn more:

https://brainly.in/question/2220110

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