Cloze Test – Test 178

In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.

Legal tender is a (21) of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common (22) of legal tender in many countries. Legal tender is variously defined in different jurisdictions. Formally, it is anything which (23) offered in payment extinguishes the debt. Thus, personal cheques, credit cards, and similar non-cash methods of (24) are not usually legal tender. The law does not relieve the debt obligation until payment is tendered. Coins and banknotes are usually defined as legal tender. Some jurisdictions may forbid or restrict payment made (25) than by legal tender. For example, such a law might outlaw the use of foreign coins and bank notes or require a license to perform financial transactions in a foreign currency.

In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.

Legal tender is a (21) of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common (22) of legal tender in many countries. Legal tender is variously defined in different jurisdictions. Formally, it is anything which (23) offered in payment extinguishes the debt. Thus, personal cheques, credit cards, and similar non-cash methods of (24) are not usually legal tender. The law does not relieve the debt obligation until payment is tendered. Coins and banknotes are usually defined as legal tender. Some jurisdictions may forbid or restrict payment made (25) than by legal tender. For example, such a law might outlaw the use of foreign coins and bank notes or require a license to perform financial transactions in a foreign currency.

In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.

Legal tender is a (21) of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common (22) of legal tender in many countries. Legal tender is variously defined in different jurisdictions. Formally, it is anything which (23) offered in payment extinguishes the debt. Thus, personal cheques, credit cards, and similar non-cash methods of (24) are not usually legal tender. The law does not relieve the debt obligation until payment is tendered. Coins and banknotes are usually defined as legal tender. Some jurisdictions may forbid or restrict payment made (25) than by legal tender. For example, such a law might outlaw the use of foreign coins and bank notes or require a license to perform financial transactions in a foreign currency.