Questions tagged [currency]
For questions directly relating to currency, its use and legalities - not just when currency is involved
131
questions
-2
votes
1
answer
100
views
Can Merrill 401k Company Legally withhold my 401k from me when it's under $5k total balance? [closed]
I've recently undergone a horrible experience with mess of a failed construction project ending in an architect suing me for a large sum of money for prints that will always be unusable to me. This is ...
- 1
2
votes
2
answers
165
views
Insurance company said no money was owed and now they have changed their mind
Someone I know was told by an insurance company that since he got a new car they could not insure him because it was too old and he would need to cancel the policy. He was told multiple times on the ...
5
votes
1
answer
3k
views
What crime is committed by deliberately passing off foreign coins as local?
Some countries have coins that are similar at a glance to those of another country. For example, the American and Canadian one cent coins are both copper-colored and are similar in size; while it does ...
- 17.1k
1
vote
2
answers
259
views
Would destroying rupees be an international offense?
In the Bill No. 174 of 2023 - "THE BHARATIYA NAGARIK SURAKSHA (SECOND) SANHITA, 2023", it is stated that:
"Mischief causing loss or damage to any property or fine, or both, including ...
- 111
0
votes
1
answer
414
views
Is it legal for an American citizen to obtain BRICS currency and then exchange those bills for U.S. dollars sometime in the future?
I would like to know if it is legal for an American to go to a foreign exchange bank in their area, exchange a certain amount of U.S. dollars to obtain the bills of the foreign currencies of the BRICS ...
- 1,547
3
votes
0
answers
58
views
Is theft of virtual currency prosecutable?
My friend and I play a virtual game called Second Life. In this game there is virtual currency called Linden dollars that you can either earn within Second Life from other players through virtual ...
- 31
6
votes
1
answer
1k
views
Can you initiate a lawsuit against Russia in the United States to recover seized assets?
Ever since the start of the Ukraine conflict in 2022, Russia has halted payments to international creditors and individuals holding assets like stocks.
Is it possible for an average person who happens ...
- 2,060
4
votes
2
answers
736
views
Do any USA states require accepting US cash for payment of goods or services?
According to the United States Federal Reserve:
There is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or ...
- 1,009
3
votes
1
answer
311
views
Is dyed money legal tender?
It is in the news that a bank distributed bank notes with dye on them, assumed to be Intelligent banknote neutralisation system (IBNS). It is reported that in one instance this was for mortgage ...
- 7,544
0
votes
2
answers
104
views
What makes a car not a “negotiable” chattel?
Another answer contrasts negotiable instruments like currency with the example of a car where a thief of the car doesn’t “own” the car and cannot transfer ownership. What is it about a car that makes ...
0
votes
1
answer
114
views
In a contract what is the clearest way to state which country's currency is being used? Why is there so much variation to these terms?
I noticed in written contracts there are various ways to state which currency is to be used for money. What is the difference between 'legal tender' and 'lawful money'? Is it more clear just to say '...
- 59
2
votes
5
answers
479
views
Assuming a one trillion dollar coin exists, and is stolen, is there are sequence of events that could lead to someone legally owning it?
A funny (and seemingly legal, if absurd) proposal during the current debt ceiling debate is to mint a one trillion dollar platinum coin and deposit it with the Treasury to reduce the debt below the ...
- 138
-1
votes
1
answer
374
views
Is it legal to sell money? [duplicate]
Is it legal to sell money for a profit in the United States? For example:
Selling 100 rolls of pennies for $100 ($50 profit)
Selling 1,000 rolls of quarters for $12,000
Selling 1,000 dollar bills for ...
- 601
2
votes
2
answers
782
views
A Penny for Your Thoughts: Can You Evict a Tenant for Paying Rent in Pennies?
A friend of mine owns an apartment complex in NJ (USA) with multiple rentable units and is having difficulty with a particular tenant who insists on paying his rent in coins (pennies, nickels and ...
- 601
21
votes
3
answers
14k
views
Is it legal to physically wash money?
I have some money that fell in a mud puddle. It got really dirty, and I don't want to put it in my wallet as it currently is. Is it legal to wash the money?
- 259