Correct Option: D

Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal tender money is a type of payment that is protected by law. A legal tender, also known as the forced tender, is a very secured and it is impossible to deny the legal tender while subsiding a debt which is assigned in the same medium of exchange. 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.