All Questions
Tagged with legal-tender currency
6 questions
-3
votes
3
answers
744
views
US currency is only required to be accepted for actual debt
If I go to a drivethru, order food, get to the cash register, have I created a debt? They have already begun preparing and bagging my food? Do they have to take my 50 or $100 bill? At what point ...
- 1
-9
votes
4
answers
9k
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?
- 61
6
votes
1
answer
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 ...
- 975
41
votes
5
answers
25k
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 ...
- 1,737
11
votes
2
answers
476
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?
- 8,713
43
votes
4
answers
49k
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 ...
- 431