passwella.
Menu

WAEC Commerce 2002 Question 35

Question 35

Money

The term legal tender refers to

  1. A.coins and cheques
  2. B.coins and bank notes
  3. C.cheques and bank notes
  4. D.postal and money orders
Show the answer and explanation

Answer: B (coins and bank notes)

Explanation

Legal tender is money that must by law be accepted in payment: coins and bank notes.