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-10
votes
4answers
401 views

Why did the $2 bill lose its cash value?

The $2 bill used to be worth two dollars, (duh) but now it's worth nothing in most places. Why?
2
votes
1answer
123 views

Is it possible for an individual to refuse a cheque in France?

Some shops in France do not accept cheques (anymore or never have). Is it legal for an individual in France to refuse payment by cheque as well? In other words, is it possible to force someone (an ...
0
votes
0answers
90 views

Accepting Legal tender

In Canada, can a retail business in a private setting (open only to employees and not to the general public) not accept cash, credit or debit as payment? Recently our employer implemented a "meal ...
0
votes
1answer
177 views

Do legal tender laws require the debt collector to make change?

I've read that legal tender laws require a debt collector to accept any legal tender for the debt. Does the law also obligate the debt collector to return any change owed? So suppose I walk into a ...
1
vote
1answer
418 views

Legal way US based Employer transfer money to India based employee

I am a software engineer, currently working for a US based company. Situation : I have got my old US employer back with me where they want me to be their employee right now (meanwhile they are ...
1
vote
1answer
117 views

Must I accept Canadian funds if I do business in Canada

I'd like to sell a product in Vancouver, Canada. If the company is Canadian, must I accept Canadian dollars? If my company is not incorporated in Canada, does anything change ? Can I sell a product to ...
6
votes
1answer
2k views

Can limits be placed by a merchant on which currency notes are accepted as legal tender? [duplicate]

Possible Duplicate: It is legal for a retailer/store or other business to refuse $50 & $100 bills or other legal tender, e.g. pennies? Here in the USA, it seemed to be becoming more and more ...
39
votes
5answers
17k views

How common is counterfeit money in circulation?

I've noticed recently that several places where I paid with a $20 bill, the cashiers used a small marker to detect whether the bill was counterfeit or not before accepting it. Like so: I saw this ...
10
votes
2answers
420 views

I've heard pennies are being phased out in Canada. Is this true?

If so, will it affect how retailers price items? Will they round up?
6
votes
2answers
2k views

Do companies that get taken-over have to honour the old gift card/certificate?

With reference to this question, can companies that get taken over set limitations on honouring gift cards issued prior to the take-over? Also if a company just changes it's name, can it set limits ...
4
votes
1answer
5k views

Do gift cards expire? Does a gift certificate's value depreciate? How long can I keep them for?

I recently found several gift certificates (yes, way back when) from stores like Restoration Hardware, Omer DeSerres (now Loomis) and Jacob. I live in Canada. Can I use these certificates today, ...
42
votes
4answers
22k views

It is legal for a retailer/store or other business to refuse $50 & $100 bills or other legal tender, e.g. pennies?

I'm trying to find out about businesses refusing $50 & $100 bills. Aren't they required by law to accept all legal tender? I had one person say it could be that it's not all legal (i.e. a ...