Quote:
Originally Posted by ken0042
See "Limitations" here regarding the proverbial bag of pennies.
But I think with respect to the law on accepting legal tender; if I owe you $100 and try to give you a $100 bill and you refuse; the debt is now over as you refused to accept legal tender. But there is nothing in the laws stating that one must be forced to make change for legal tender. |
So it only applies on personal debt? Not retail sales? That doesn't seem right. How can double standards like that apply to currency. And what's the meaning of legal tender if it can't be used universally? I'm not doubting you, just trying to understand this as it doesn't seem reasonable to me.
Oh ya, I tried that link but it redirected me to a different page where I couldn't readily identify anything related to legal tender.