Which of the following is a legal tender?
...Which of the following is a legal tender?
Bank notes
Bank overdrafts
Bills of exchange
Money order
Correct answer is A
Legal tender is the valid money used for payment of the debt and also recognised by the law of the land. It is a negotiable promissory note which one party can use to pay another party a specific amount of money.
Which sector can you say is growing fastest in the Nigeria economy? ...
The relationship between the tax rate and income which is relevant to progressive tax is shown ...
The main reason for low agricultural produce in west Africa is need to ...
Which of the following factors may lead to the underestimation of national income figures? ...
Which of the following is true of NEPA as a public corporation in Nigeria? It is ...
Population growth can be controlled by all the following except ...
Effective supply is the total amount of a commodity ...
The co-efficient of income elasticity of demand for inferior goods is ...
Which of the following is a non-renewable natural resources? ...