Stores Need Not Accept Your Check but Must Accept Currency

question 2

Multiple Choice

Stores need not accept your check but must accept currency because

• A)currency is backed by gold.
• B)checks are not money but currency is.
• C)currency is legal tender;checks are not.
• D)currency is easier to handle.
• E)currency is a medium of exchange;checks are not.

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Definitions:

Economy

The system of production, distribution, and consumption of goods and services within a society.

High Level of Education

Attainment of advanced stages of formal learning, often reflected in degrees or certifications from tertiary or higher education institutions.

Autonomy

The ability or right of individuals or entities to govern themselves or make their own decisions without external control.

Part-Time Work

Employment that does not meet the hours required for full-time status, often offering flexibility but potentially fewer benefits.