Get rid of the penny?
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Patman
Staff member
That’s where you order it from the app so there’s no confusion
Understood. But it is all the the wording. You are misunderstanding the statute and it implications
But you cannot be held liable for the debt, should the creditor to refuse cash. They can refuse all they want, but if cash is what you have thats that.
There is no legal requirement to accept any payment by choice, which is what your link is saying......but there is no protection by law to the creditor should they choose not to.
In my above hypothetical:
In SC, aswell as any other state........you could not be held for a crime.
Do you have an example you can site, even if its just a news article or something? I don't think very many judges would consider a restaurant a creditor.
I doubt you would be held for a crime. It would be a civil matter - failure to pay. I suppose the restaurant would be unlikely to pursue.
As for a good, walking out with it I don't think would pass muster. You tried to buy. The vendor said no. Deals over - you don't get to leave with it.
You might have a case if no sign was posted, but if they posted a sign, or put a note on the menu, you have agreed to their terms before ordering, and now your into contract law - a whole different barrel of monkeys.
"valid and legal offer of payment for debts when tendered to a creditor.".
I've used those before! Got $120 from a few years worth of change. No quarters dropped in though, I used all those to buy M&MS from the vending machine at work
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I get my hair cut at one of those chain hair care places. They stopped taking cash over a year ago. On the other hand I frequent a local cafeteria. They have a large sign on thier entry door....."Cash Only". You would be amazed how many people see that sign and turn around an go somewhere else and or start cussing up a storm when they see it.
It is not against the law to refuse legal tender ( cash ) although many people still believe that .
I do have 5 different business and law books I had to study from to take 4 different business and law exams for state licenses....But i am not going to look in each and photocopy and post to much work.
You would not be. But they could refuse you service to begin with. Part of it has to do with the type of store, such as grocery store or gas station where you get tour own stuff and have possession of the stuff before you pay. These are all factors.
Yes, there is a contract law. In that case. that would be correct....but it still would not be a crime, at best a civil case, that would incur no damages to the creditor.
I do have 5 different business and law books I had to study from to take 5 4 different business and law exams for. But i am not going to look in each and photocopy and post to much work.
You would not be. But they could refuse you service to begin with.
Yes, there is a contract law.
nice how that works huh
but you are not in the usa you are in california
My barber only takes cash or checks. If someone gets their hair cut and pulls out a card he tells them to come back with a check or cash. If they do not come back to pay he knows what kind of person they are.
I've been saying the penny should go for over 40 years, so I guess I'm a little ahead of the curve. I can't remember the last time I carried change in my pocket and only carry enough paper money to leave a cash tip if I desire (instead of on the card). If I'm going somewhere that only accepts cash, of course I'll carry accordingly.
Boy, money is a funny thing. The main reason you want money is to pay for things, so you work for it. You don't work for debit or credit, you work for cash. The people that sell you anything expect some form of payment, usually it's money in exchange for their product or service. It even says on money that it's " legal tender for all debts public or private", but somewhere along the line no one wants cash money. A while back when you used a credit cards they started charging you more, because credit agencies charged them more to process credit cards. But didn't want your Cash. I don't understand why the government didn't say to these places that refused 'CASH", to stop doing that. It kinda makes cash worthless if nobody wants to accept it for payments. So the numbers you read on your bank statements aren't representing cash, they represent credit values that are assigned to you. Yep , money is a funny thing.,,,
I didn't read all the posts.
Did anyone ask about .9 of a cent at the gas stations, fuel oil etc? How do we get rid of that when they just round it up anyway?
Did anyone ask about .9 of a cent at the gas stations, fuel oil etc? How do we get rid of that when they just round it up anyway?
4WD
$50 site donor 2025
It is 100% legal for a merchant to refuse cash, period. I have encountered many such businesses - they typically have a sign displayed - card only. In fact I went to a walmart a day or two ago that had a had printed sign on every till and the door - no cash. I assumed they had a drop safe issue or no change - as walmart is usually happy to take cash.
I have often wondered this myself. If its "full faith and credit" and your a licensed business you should be obligated IMHO, but your not.
Your daughter should have posted the no cash starbucks on Twitter, so the rest of us could line up for free drinks
Yeah. It only applies to to satisfying a debt, although showing up with dollar bills and coins isn’t likely to endear someone. I’ve heard of a guy who protested his property tax bill by showing up to the county tax office with dollar bills carefully folded like origami where it had to be unfolded to be counted. I think an arrest was involved when they told him that they wouldn’t unfold them. Can’t seem to find this particular story in a search because there are a lot of stories of tax bills being paid in dollar bills and coins, including where coins were brought in a wheelbarrow.
There’s a recently defunct discount chain called 99 Cents Only. Their base price was 99.99 cents and it showed up on receipts. But they weren't exactly truth in advertising as they had some items that were 2 for $1, $1.29, $1.49, $1.99, $2.49, $2.99, etc.
I think the really crazy thing way back when was when US stock prices were all in fractional increments where the smallest trading was 1/16 of a dollar. I think the prices had to be rounded up for purchases and rounded down to the nearest cent for sales, so brokerages were making a small amount of money on the difference.
https://www.investopedia.com/ask/answers/why-nyse-switch-fractions-to-decimals/
