Re: OT: the euro & 01.01.02 (was NATLANG/FONT:
| From: | Padraic Brown <agricola@...> |
|---|
| Date: | Saturday, December 29, 2001, 15:40 |
|---|
Am 26.12.01, David Starner yscrifef:
> >eh? "legal tender" means that it must, by law, be accepted in payment
> >of debts; if you owe me a debt in pounds, and offer me payment in
> >dollars, I can refuse it but (under US law) you are then discharged.
> I was always the apprehension that, at least in the US, the only people
> who have to use legal tender is the Government.
Sort of. It's really more an issue of 'debt' - US currency
is the one form of payment that must be accepted as debt
payment. Refusal of cash (on part of the lender) constitutes
dischargement of the debt.
Your bank _has_ to accept cash as payment for your credit
card bill (that's a debt). A store doesn't have to accept
cash at all (I know of one that doesn't), because there's
no debt involved in buying something over the counter.
Padraic.
--
Bethes gwaz vaz ha leal.