Stores need not accept your check but must accept currency because
A)currency is backed by gold.
B)checks are not money but currency is.
C)currency is legal tender;checks are not.
D)currency is easier to handle.
E)currency is a medium of exchange;checks are not.

Question

Quizplus · Accepted Answer

According to the legal definition of "legal tender," currency is considered to be a form of payment that must be accepted by businesses to settle debts. Checks, on the other hand, are not considered legal tender and therefore businesses are not obligated to accept them as payment.

Stores Need Not Accept Your Check but Must Accept Currency