WAEC Economics 2016 Objective — Question 35
Question 35 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.
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35. A bank note is said to have a legal tender because it is (a) printed by government (b) a store of value (c) signed by the head of state (d) backed by law
- A. printed by government
- B. a store of value
- C. signed by the head of state
- D. backed by lawCorrect
Explanation
A bank note is said to have a legal tender because it is backed by law.
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