if a nation agreed to trade with something other than money, like shells or certain stones, would that be…

if a nation agreed to trade with something other than money, like shells or certain stones, would that be legal tender? (1 point) yes, if business owners agreed. no, legal tender must be paper money. yes, if everyone was required to accept it. no, legal tender must be accepted in all nations.

if a nation agreed to trade with something other than money, like shells or certain stones, would that be legal tender? (1 point) yes, if business owners agreed. no, legal tender must be paper money. yes, if everyone was required to accept it. no, legal tender must be accepted in all nations.

Answer

Brief Explanations:

Legal tender is a form of payment that by law must be accepted for the settlement of a debt. If a nation designates something (like shells or stones) as a form of payment that everyone must accept, it can be considered legal tender. Business - owner agreement is not the determining factor. Legal tender can be in forms other than paper - money, and it is defined within a nation's jurisdiction, not required to be accepted in all nations.

Answer:

Yes, if everyone was required to accept it.