Question

What did the United States Treasury create when the Legal Tender Act was passed in 1862?. . A. Confederate money. . B. a new coin. . C. a common national currency. . D. the banking system

Answer 1

When the Legal Tender Act was passed in 1862, the United States Treasury created a common national currency. The correct option among all the options that are given in the question is the third option or option "C". I hope that this is the answer you were looking for and it has helped you. 

Answer 2

The answer is C. a common national currency.

 

In the 1860’s there had been a problem in making tender notes. There were some notes that loses its value once the bank declares bankruptcy, some notes were not used for paying taxes or were blacklisted in banks. In order to create a better banking system, the government decided to create a Legal tender note