Money is generally accepted for transactions due to - SchoolNGR

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Money is generally accepted for transactions due to

Money is generally accepted for transactions due to

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A The legal backing
B The rule of law
C Its acceptability in the global market
D The Central Bank Governor's signature

Correct Answer: Option A

Explanation:
LegalÂ backing of money is theÂ legallyÂ recognizedÂ moneyÂ within a given a geographical area

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