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> Legal tender has a very narrow and technical meaning, which relates to settling debts. It means that if you are in debt to someone then you can’t be sued for
by jk563 8y ago
> Legal tender has a very narrow and technical meaning, which relates to settling debts. It means that if you are in debt to someone then you can’t be sued for non-payment if you offer full payment of your debts in legal tender. [1]
[1] https://edu.bankofengland.co.uk/knowledgebank/what-is-legal-tender/ https://edu.bankofengland.co.uk/knowledgebank/what-is-legal-...
- kaybe 8y agoSo what differentiates an unpaid bill from a debt?