Home » Classroom » SS3 Commerce Means of payments. Question

What is the significance of legal tender in mea... - SS3 Commerce Means of payments. Question

What is the significance of legal tender in means of payment?

Ask EduPadi AI for a Detailed Answer

Legal tender refers to the official form of payment recognized by the government. Coins and banknotes issued by the government are widely accepted as legal tender, ensuring their acceptance and usability in transactions within a country.

Please share this, thanks:

#SS3 #SS3

Add your answer

Notice: Please post responsibly.

No responses