(1 point)
Responses
Yes, if business owners agreed.
Yes, if business owners agreed.
No, legal tender must be paper money.
No, legal tender must be paper money.
Yes, if everyone was required to accept it.
Yes, if everyone was required to accept it.
No, legal tender must be accepted in all nations.
No, legal tender must be accepted in all nations.
1 answer
The correct response is:
Yes, if business owners agreed.
Legal tender refers to money that must be accepted if offered in payment of a debt. While most countries define legal tender as government-issued currency (like paper money or coins), it is possible for businesses to agree to accept other forms of payment, like shells or stones, as long as all parties involved accept that form of currency.
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