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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.