A bank note is said to be a legal tender because it is
A bank note is said to be a legal tender because it is
Printed by government
A store of value
Signed by the head of state
Backed by law
Correct answer is D
National banknotes are generally legal tender, meaning that medium of payment is allowed by law or recognized by a legal system to be valid for meeting a financial obligation.
The market supply curve slopes upwards from left to right indicating that ...
The following except ONE, are the differences between international trade and internal trade ...
When a generalization is made based on observed facts, it is ...
From the table above, Calculate the price elasticity of supply ...
As a factor of production, the reward for land is? ...
In a free market economy, resources are allocated through the ...