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Legal tender should always be accepted. Imagine if you were unable to buy food because you were denied credit.
by Neliquat 10y ago
Legal tender should always be accepted. Imagine if you were unable to buy food because you were denied credit.
- closeparen 10y agoThis is why in the US we have debit cards that behave like credit cards in every way except the credit line (and don't cut you in on the transaction fee). Very popular with teenagers and people who are afraid of credit (possibly for good reason). Cash is legal tender for all debts. If you owe someone money without a prior agreement on form of payment, they must accept cash payments. They're under no obligation to make a transaction in the first place if you don't agree on payment method.