Recently the Bank of Canada (BOC) asked retail stores to continue accepting cash from customers as...

Recently the Bank of Canada (BOC) asked retail stores to continue accepting cash from customers as payment for in store retail sales (ie for groceries or clothing). Why does the BOC have to make this request? Doesn’t Canada’s “legal tender” law require retailers to accept cash as payment by customers? Briefly explain.

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Rahul Sunny answered 1 week ago

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