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I seem to remember some law preventing businesses from refusing cash for a sale.
by rplst8 9y ago
I seem to remember some law preventing businesses from refusing cash for a sale.
- 0xcde4c3db 9y agoIt's a very common misconception in the US that businesses are obligated to accept cash for a sale [1]. [1] https://www.federalreserve.gov/faqs/currency_12772.htm https://www.federalreserve.gov/faqs/currency_12772.htm
- madcaptenor 9y agoAlso, when people say they're paying "cash" for a car they don't necessarily mean they're walking in with a stack of hundred-dollar bills. "Cash" often means cashier's check, etc. - the idea is that you're not borrowing money to buy the car.