Timeline for What are the bounds of the enforced value of "legal tender"?
Current License: CC BY-SA 4.0
5 events
| when toggle format | what | by | license | comment | |
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| Mar 13, 2021 at 20:54 | comment | added | user3067860 | What do you mean no contract? They most definitely have a contract: They have an offer. (Bob to Alice: I will give you 100 Euros now if you give me 105 Euros next month.) They have acceptance. (Alice taking the 100 Euros.) And they have consideration. (Alice gets the money now, Bob gets 5 Euros more than he had next month.) That's literally all you need. katzlawgroup.com/are-verbal-contracts-enforceable | |
| Mar 13, 2021 at 8:13 | comment | added | DonQuiKong | I think this is the perfect example why this question should be on legal. | |
| Mar 13, 2021 at 0:35 | comment | added | wanderingmathematician | The question is intended to mean a legal contract not an informal agreement. The purpose of the question is, per the title, to explore the boundary of what "legal tender" actually means and your reduction to an informal agreement completely bypasses that purpose. The linked definition is nice, but it also doesn't explain what would happen to resolve the dispute between Bob and Alice. | |
| Mar 13, 2021 at 0:28 | history | edited | BobbyScon | CC BY-SA 4.0 |
Misread the concept, needed to reword the answer around the statute.
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| Mar 13, 2021 at 0:16 | history | answered | BobbyScon | CC BY-SA 4.0 |