Quote:
Originally Posted by GA Russell
Regarding the legal tender issue, I think that
1) It is a federal matter, not a state matter; and
2) The relevant law would probably be either the congressional act which established the Federal Reserve System in 1913; or perhaps a second law was required in the mid-60s when the "silver certificates" were discontinued and replaced by the Federal Reserve Notes.
The dollar bill I hold in my hand says, "This note is legal tender for all debts, public and private."
Perhaps before you have purchased a book there is no debt. I would like to see an American lawyer chime in.
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The problem is not that it is legal tender and the law states you have to accept it. The problem would be getting the authorities to act to force a business or person to accept the money. I find it improbable that the Secret Service would act upon such a request.
We have a local business that is stuffing flyers in mailboxes. It is considered mail fraud and definitely illegal. But, the US Post Office as a matter of course does nothing to enforce the law.
Apache