Which of the following is a legal tender in West Africa?

  • A Treasury Bill
  • B Share
  • C Credit card
  • D Currency
waec 2006economics

The correct answer is D. Currency

Legal tender refers to the medium of payment recognized by a legal system to be valid for meeting a financial obligation.

In West Africa, legal tender is the local currency of the respective countries, such as the West African CFA franc or the Nigerian naira, among others.

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