Which of these is NOT a necessary characteristic for something to be accepted and used as money?
A) It is easily standardized.
B) It must have the words "legal tender" on it.
C) It is divisible.
D) It is generally accepted by society.

Question

Quizplus · Accepted Answer

While legal tender status can increase the acceptability of a currency, it is not a necessary characteristic for something to be accepted and used as money. Standardization, divisibility, and general acceptance by society are all important factors in establishing a currency's value and usefulness as a medium of exchange.

Which of These Is NOT a Necessary Characteristic for Something