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I don't think it's accurate to say restaurants are extending credit to their customers. If you walk out without paying, it's theft, not defaulting on a loan.
by emodendroket 5y ago
I don't think it's accurate to say restaurants are extending credit to their customers. If you walk out without paying, it's theft, not defaulting on a loan.
- travisjungroth 5y agoI don't know. I'm probably wrong.
- dec0dedab0de 5y agoLet's say you had a business that only accepted pokemon cards as payment. One of your customers does not pay their bill, so you take them to small claims court. The judge is going to rule that they pay you the value of the card, because debts are settled with money.
- emodendroket 5y agoI don’t see that that’s relevant if you may be charged with a criminal offense for doing it. https://en.wikipedia.org/wiki/Dine_and_dash https://en.wikipedia.org/wiki/Dine_and_dash