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<p>[QUOTE=&quot;Lon Chaney, post: 1526988, member: 29844&quot;]I would still say your definition doesn&#039;t invalidate mine.&nbsp; I was careful to use the word &quot;purchases,&quot; instead of other debts, such as the Electric Bill.&nbsp; Maybe I should have said &quot;merchandise,&quot; instead.&nbsp; But either way, my point was that all US money is legal tender, yet merchants can chose to do business in any trade items they wish:&nbsp; bullion, money (legal tender), foreign money, bundles of wood, whatever.</p><p>And yes, I know, the trade unit needs to be agreed upon by both parties before the contract is entered into, or the trade unit defaults to legal tender.</p><p>Legal tender is used mainly because everybody recognizes it, it&#039;s backed by our government (kind of), it&#039;s easily divisible, etc.&nbsp; Folks are comfortable doing business the easy way.[/QUOTE]</p><p><br /></p>

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