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Old Oct 27, 2007 | 4:54 pm
  #982  
bhd87
 
Join Date: Jun 2005
Location: MIA/ATL
Posts: 1,482
Originally Posted by GadgetFreak
That is a very interesting question. Lawyers anyone? I find it hard to believe it is legal to require a credit card to purchase. "Legal tender for all debts public and private" as it says on the money.
I believe you have gravely misunderstood what "all debts, public and private" means.

Legal tender can be refused if the debt only arises "substantially contemporaneously with the offer of payment."

You should read:

http://en.wikipedia.org/wiki/Legal_tender

and

http://en.wikipedia.org/wiki/Invitation_to_treat

Legal tender can not be refused for the settlement of debts. So go ahead and pay your water bill in a mixture of pennies, two dollar bills, and a few Susan B Anthony's if you'd like.

Thankfully not a lawyer, but a 2nd year college student.
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