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General Asylum General audio topics that don't fit into specific categories. |
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In Reply to: I have *no* problem with alternative methods of payment... posted by rlw on October 1, 2014 at 18:15:30:
Federal currency is valid for "all debts public and private" but there is no law stating that a merchant must deal in cash. Actually, there is no law stating that a merchant must accept credit cards, checks, or money orders for payment either as far as I know. It's up to the individual.All of the above forms of payment are considered legal and we also have the option of choosing which form(s) to use. Some merchants don't like to handle cash at all, for convenience sake or even for safety reasons. Funds that can be verified and processed electronically are in some ways more secure than cash payments are, especially when counterfeiting becomes more common and more sophisticated (as it has become in recent years).
I usually prefer cash or checks to electronic payments but I'm also quite a luddite in some ways.
Edits: 10/01/14
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- RE: Federal Law ? - genungo 18:59:00 10/01/14 (0)
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