Hacker News new | past | comments | ask | show | jobs | submit login

I think that might be a myth? If I tried buying a $0.50 candy bar with a hundred-dollar bill, I think that the cashier might refuse it and I don't think they'd get in trouble for doing so.

I thought the "legal tender" argument only worked in regards to debts to the government, though IANAL.




Relevant Law: https://www.law.cornell.edu/uscode/text/31/5103

Good explanation: https://www.forbes.com/sites/nathanlewis/2017/04/18/what-is-...

Another distinction here is that a store is offering a contract. It isn't a debt until the contracted is accepted.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: