This is my blog. I speak for no one but myself here. The words I write, the images I post, and the articles I link to interest no one but me. I stand by what I put here, however, it is not a reflection of time, effort, or particular care. I just want a clearinghouse of what does interest me and a space to spout out poorly written and thoughtout rants. Consider this a disclaimer.
Wednesday, March 10, 2010
Attention large retail chains
You cannot make policies that say you are refusing legal tender.
That's actually not true; it's legal tender to cover all debts public and private but there is no law forcing them to accept it when they'd rather take smaller bills. This falls under the same sort scenario as Apple refusing to let you pay cash for an iPhone. They've got the product, and they can accept anything they want for it.
A business can choose to accept whatever forms of tender they want. They are a private business. If they choose to not accept change they can do that, just like they can choose to not accept high dollar amount bills.
That's actually not true; it's legal tender to cover all debts public and private but there is no law forcing them to accept it when they'd rather take smaller bills. This falls under the same sort scenario as Apple refusing to let you pay cash for an iPhone. They've got the product, and they can accept anything they want for it.
ReplyDeleteA business can choose to accept whatever forms of tender they want. They are a private business. If they choose to not accept change they can do that, just like they can choose to not accept high dollar amount bills.
ReplyDeleteStop carrying Fitys and Hundys!