Question 36
MoneyWhich of the following is a legal tender?
- A.Bank notes
- B.Bank drafts
- C.Central bank cheque
- D.Travellers' cheque.
Show the answer and explanation
Answer: A (Bank notes)
Explanation
Bank notes must be accepted in payment by law.
Which of the following is a legal tender?
Answer: A (Bank notes)
Bank notes must be accepted in payment by law.