Canadian $5 bills all have "This note is legal tender" printed on them. What does this phrase actually mean?
A) All stores must accept $5 bills as payment for goods and services.
B) It is illegal to sign a contract using any means of payment other than Canadian currency in Canada.
C) Creditors must accept $5 bills as payments of debts when offered.
D) The amount of goods a $5 bill can purchase is set by law.
E) It is illegal for workers to refuse payment in $5 bills if offered.
Correct Answer:
Verified
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