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Reply #181: Legal tender is legal tender [View All]

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quakerboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 07:26 PM
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181. Legal tender is legal tender
How can it be legal to refuse to accept payment in legal tender? If that is allowable, what meaning is there in that printing on our bills, "this note is legal tender for all debts public and private"? What value is there in money?

Arguably, coinage is the most valid money, as I understand that paper bills are not even US government issue.

By the standard that even though coins are legal tender, businesses are not mandated to accept them in payment, Couldnt I start a business, provide a product or service, then refuse to accept payment in anything other than wheatback pennies, and sue them when they cannot pay me?
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