Question on: JAMB Commerce - 2023
Money is generally acceptable for transaction due to
A
the central bank\'s governor\'s signature
B
the rule of the law
C
its acceptability in the global market
D
the legal backing
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Correct Option: D
Money is generally acceptable for transactions due to its legal backing. This means that by law, money is recognized as a valid medium for exchange of goods and services within a country.
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