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Money that is declared to be legal tender in the U.S., must be A) accepted for...

Money that is declared to be legal tender in the U.S., must be A) accepted for all legal transactions. B) acceptable to citizens of foreign countries. C) exchangeable for an equivalent amount of precious metals. D) accepted to settle

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Answer #1

Money that is declared to be legal tender in the U.S must be

D) accepted to settle

(A legal tender is a medium of exchange which is recognised by the government to meet any financial obligation or to meet a private or public debt, thus money declared to be legal tender must be accepted as a official meduim of payment for settling any financial obligation )

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