Which one of the following statements correctly describes the meaning of legal tender money?
Legal tender money is a type of payment that is protected by law. Legal tender is also known as forced tender which is very secured and it is impossible to deny the legal tender while subsiding a debt which is assigned in the same medium of exchange.
In other words, the term legal tender does not represent the money itself, rather it is a kind of status which can be bestowed on certain types of money.
The correct option is B.