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Which of the following is a legal tender?

Which of the following is a legal tender?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Bank notes
  • B Bank overdrafts
  • C Bills of exchange
  • D Money order
Correct Answer: Option A
Explanation:
Legal tender is the valid money used for payment of the debt and also recognised by the law of the land. It is a negotiable promissory note which one party can use to pay another party a specific amount of money.

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