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<p>[QUOTE=&quot;satootoko, post: 140240, member: 669&quot;]All it means is that no one could be compelled to accept more than the limit.&nbsp; </p><p><br /></p><p>The primary legal effect of something being designated as &quot;legal tender&quot; is that if offering it&nbsp; to pay a debt is a &quot;tender&quot;.&nbsp; If the creditor refuses to accept it, the accrual of interest on the debt stops, and for purposes other than valuing the debt, it is the same as if it had been paid.&nbsp; </p><p><br /></p><p>For example, if someone proves in court that he has made a legal tender to a landlord who refused to accept it, the landlord would be unable to obtain an eviction judgment for non-payment.&nbsp; An offer of something else, such as a check or a credit card charge, would not prevent the eviction, because it wasn&#039;t a &quot;tender&quot; of payment. </p><p><br /></p><p>&nbsp;(Remember that, because there <i>will</i> be a test - about the 10th week of your first year law school contracts course. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> )[/QUOTE]</p><p><br /></p>

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