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Social Civics

Note 202 — Chapter XXII · CURRENCY, BANKING, AND CREDIT

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Money which, according to law, must be accepted in payment of debts, is called legal tender. Gold coin, silver dollars, and certain notes are legal tender up to any amount. Half dollars, quarters, and dimes must be accepted in payment up to the amount of ten dollars. Nickels and pennies are legal tender to the amount of twenty-five cents only.

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