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- Path: sparky!uunet!cs.utexas.edu!rutgers!cmcl2!panix!lkk
- From: lkk@panix.com (Larry Kolodney)
- Newsgroups: misc.legal
- Subject: Re: Sorry, we don't accept cash... Huh?
- Message-ID: <1992Dec31.014822.25037@panix.com>
- Date: 31 Dec 92 01:48:22 GMT
- References: <1992Dec29.191801.6412@netcom.com>
- Distribution: usa
- Organization: The Devil's Advocate
- Lines: 22
-
- In <1992Dec29.191801.6412@netcom.com> linley@netcom.com (Bruce James Robrert Linley) writes:
-
-
- > I just had a disturbing experience with a Federal Express delivery
- >yesterday. It was a COD for $30.00. So I hand the guy a twenty and a ten. To
- >my surprise, he said that he cannot accept cash. Holy inflation, Batman, our
- >money's worthless! Is this legal? Has the phrase, "This note is legal tender
- >for ALL debts public and private" lost its meaning? What's the world coming to?
-
- "This note is legal tender for all debts public and private" means
- just what it says. If you owe somebody money and you tender federal
- reserve notes, you have satisfied the debt. However, nobody is
- obliged to enter into a contract with you based on payment in cash.
- Thus, Federal Express is not obliged to agree to make the delivery in
- the first place unless the customer agrees to pay in whatever form
- they require. If you don't comply with their condition, they don't
- have to complete their part of the agreement.
-
- --
- larry kolodney:(lkk@panix.com)
- _(*#&)#*&%)@(*^%_!*&%^!)*+!*&$+!?&%+!*&^_)*%)*&^%#+&
- The past is not dead, it's not even past. - Wm. Faulkner
-