Legal tender is best defined as:
A) Cash payment.
B) Currency that cannot be legally refused in payment of a debt.
C) Cash, cheques, credit cards or electronic funds transfer payments.
D) Currency.
Correct Answer:
Verified
Q4: When a customer challenges a credit card
Q5: What is the legal effect of using
Q7: The definition of a cheque under the
Q10: What is the effect of marking a
Q11: A mortgage is a security for a
Q13: Johnny Little borrows $300,000 from Bank Bigge
Q17: Which of the following transactions need not
Q18: To which of the following transactions does
Q19: Which of the following is not true
Q20: What is the difference between a bill
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents