A form of money with face value which is greater than the value of the metal content is

By: |Published on: Dec 12|Categories: Commerce JAMB| 0 comments

A. legal tender
B. bank notes
C. token money
D. commodity money

Correct Answer:

Option C – token money

Explanation

Token Money: is money where the face value of notes or coins is unrelated to the value of the material of which they are composed.

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