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Can Vendors Be Legislated By Law To Take Certain Denominations Of Coins Or Currency?
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<p>[QUOTE="davidh, post: 1223561, member: 15062"]In general, if you are required to pay for goods or services before you receive said goods or services, then the seller or provider of the goods or services can dictate the forms of acceptable payment. </p><p><br /></p><p>Thus, an owner of a retail store can refuse to release a product to you if you attempt to pay in nickles.On the other hand, if you receive a product or service before having to pay, the vender must accept whatever form of payment you offer. If you eat a meal in a restaurant, you can pay with whtever coin/currency you have on hand.</p><p><br /></p><p>There are certain "nuisance" and practical restrictions andlimitations on each of these payment scenarios. If you fill you gas tank before paying and attempt to pay with a sack of dimes, you can be required to stand there, count out and roll the coins before they are accepted as </p><p>payment. If you go through an unmanned </p><p>highway tollbooth you MUST have quarters to pay, </p><p>no bills or credit cards.</p><p><br /></p><p>See "invitation to treat".[/QUOTE]</p><p><br /></p>
[QUOTE="davidh, post: 1223561, member: 15062"]In general, if you are required to pay for goods or services before you receive said goods or services, then the seller or provider of the goods or services can dictate the forms of acceptable payment. Thus, an owner of a retail store can refuse to release a product to you if you attempt to pay in nickles.On the other hand, if you receive a product or service before having to pay, the vender must accept whatever form of payment you offer. If you eat a meal in a restaurant, you can pay with whtever coin/currency you have on hand. There are certain "nuisance" and practical restrictions andlimitations on each of these payment scenarios. If you fill you gas tank before paying and attempt to pay with a sack of dimes, you can be required to stand there, count out and roll the coins before they are accepted as payment. If you go through an unmanned highway tollbooth you MUST have quarters to pay, no bills or credit cards. See "invitation to treat".[/QUOTE]
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Can Vendors Be Legislated By Law To Take Certain Denominations Of Coins Or Currency?
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