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Money is generally acceptable for transaction due to

Money is generally acceptable for transaction due to
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The rule of the law
  • B Its acceptability in the global market
  • C The legal backing
  • D The central bank’s Governor’s signature
Correct Answer: Option C
Explanation:
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

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