Yes, but it is still fun to think about.
Always been that way. Used to be they had to accept dimes and above, but
now that they have no intrinsic value I think all US coins are just a
convenience and not legal tender. However $1 bills and above are by law
"legal tender for all debts public and private". Says so right on them.
If someone refuses them they are saying in effect that they do not
require you to pay them, and that discharges the debt.
BTW: actually from the above you will realize the law probably only
requires them to accept coins for the fraction of dollars involved.
Where did you get that $2.00 idea?
The urban legend about the wheelbarrow full of pennies is actually case
law, but unlike the UL the guy with the pennies lost. The court ruled
that pennies having no intrinsic value were not acceptable as legal
tender for payment of debts, that however if the defendant had tried to
pay with dimes or above he would have been home free. That is why I now
figure that no current coins are actually legal tender, I do not think
the new coins have ever actually been tested in court.
graywolf
http://www.graywolfphoto.com
http://webpages.charter.net/graywolf
"Idiot Proof" <==> "Expert Proof"
-----------------------------------
P. J. Alling wrote:
The problem with that solution is that I don't think they have to accept
more than 50ยข in loose pennies, and if they really want to be sticklers
the law only requires them to accept $2.00 in pennies even if they're in
rolls.
graywolf wrote:
Hum..? It is only $0.95 (I am going to have to figure out how to do a
cents sign someday) right now. And I go to the PO most every day (use
a PO Box for all my mail). And, the PO will take my Visa card. Thanks
for the idea. However, I have to admit that going to Charters local
office and dumping $65 worth of pennies on the counter sounds like a
lot of fun too.
graywolf
http://www.graywolfphoto.com
http://webpages.charter.net/graywolf
"Idiot Proof" <==> "Expert Proof"
-----------------------------------
P. J. Alling wrote:
It'll cost an extra buck or so but you can pay by Postal Money order,
it's a pain to go the PO every month to get a Money Order but I'd
like to see them try that with the Post Office.
graywolf wrote:
You guys who have charter cable look at your bill closely this
month. Hidden on the last page is a notice that can give them
virtually carte blanc access to your bank accounts if you agree to
it by making your payment by check. Here is a copy of that notice:
http://www.graywolfphoto.com/_temp%20images/charter-cable.jpg
Charter has often shown that they do not care about their customers,
and that they will skirt the law in anyway that they think might
benefit them. This is one step too far in my opinion. The problem is
that I have no other options in HS Internet access here where I am.
I am not sure what I am going to do about this, but I do know that I
am not going to give people who have again and again shown that they
are basically dishonest access to my bank accounts.
