All Questions
Tagged with currency legal-tender
7
questions
4
votes
1
answer
351
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Under what authority can the US make federal reserve notes legal tender?
By what constitutional authority does the US have to make these legal tender.
I can see in the constitution that the US can coin money, but the right to make legal tender is given to the states and ...
- 141
8
votes
1
answer
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Can a creditor refuse to accept a $2 FRN because he doesn't think they exist?
Like all Federal Reserve Notes (FRNs, aka "bills" or "cash"), the $2 FRN is "legal tender for all debts, public and private."
However, a lot of people don't know about ...
- 17.1k
10
votes
3
answers
5k
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Can a business owner refuse specific Bills and Coins?
I was reading an article article which outlines a Pizza Shop owner in Canada who is refusing to take $10 Bills with John A. MacDonald on them. For context John A. MacDonald(the first Prime Minister of ...
1
vote
2
answers
524
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US states and legal tender (money)
I was of the understanding that all governmental bodies inside the US were required to accept all forms of legal tender. In other words, if you owed a $1,000 fine to the federal, state, or local ...
- 1,210
0
votes
1
answer
236
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Is it legal for a business in the US to charge to make change?
Is it legal in the US, for a business to charge a fee to make change (cash to smaller denominations, e.g., taking a dollar bill and giving back coins) or the reverse (e.g., taking coins and returning ...
- 101
0
votes
1
answer
3k
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Are silver dollars legal tender?
Are silver dollars (Morgan/Peace) legal tender coins or just collectible items?
Is a fake Morgan/Peace dollar counterfeit currency?
- 103
3
votes
1
answer
812
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Is a school legally required to accept pennies as payment?
At my public high school in Florida, Seniors are required to pay for parking in the Senior parking lot.
There is a student who doesn't like that he has to pay, so in order to spite them he went to ...
- 43