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So how are they getting around what is printed on every bill:Now some places won't accept cash,
A purchase at a store is not a "debt".So how are they getting around what is printed on every bill:
"This note is legal tender for all debts, public and private."
They don't care.So how are they getting around what is printed on every bill:
"This note is legal tender for all debts, public and private."
It is…no? I mean, I took (or am taking) something from your store so I owe you something (money). And to owe something means you’re in debt.A purchase at a store is not a "debt".
No, debt refers to credit. Even a utility bill (in most cases) is not debt until disconnection. Then what is owed becomes debt and eligible to be paid with cash (without them saying otherwise).It is…no? I mean, I took (or am taking) something from your store so I owe you something (money). And to owe something means you’re in debt.
Unless you use a credit card - funds that you technically are borrowing are a debt (loan). But, I digress since the original comment was regarding cash.A purchase at a store is not a "debt".
The vendor can decide what forms of payment to take. Currency is printed with those words to signify that it is legal to use in all states and it also means that no matter how old the bill or coin is, it is still legal to use. Think about when the only form of payment was gold and silver and notes were written by location.So how are they getting around what is printed on every bill:
"This note is legal tender for all debts, public and private."