Legal Tender Is Best Defined As

question 21

Multiple Choice

Legal tender is best defined as:

• A)Cash payment.
• B)Currency that cannot be legally refused in payment of a debt.
• C)Cash, cheques, credit cards or electronic funds transfer payments.
• D)Currency.

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Definitions:

Nullification Crisis

A United States political crisis in the early 1830s involving a confrontation between South Carolina and the federal government over the state's attempt to nullify a federal law.

Compromise Tariff

refers to the Tariff of 1833, which was enacted to resolve the Nullification Crisis between the federal government and South Carolina by gradually reducing import duties.

Dorr War

A short-lived armed insurrection in the U.S. during the early 1840s, led by Thomas Wilson Dorr, advocating for broader voting rights in Rhode Island.

John Tyler

The tenth President of the United States, who served from 1841 to 1845, known for his annexation of Texas.