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

Commerce JAMB 2014

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

  • legal tender
  • bank notes
  • token money checkmark
  • commodity money

The correct answer is: C

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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