
On Mon, 9 Sep 1996 jbugden@smtplink.alis.ca wrote:
This may be a hopelessly naive question, but is it possible to refuse payment in cash? Is it really good for all debts public and private?
James I think this was mentioned a while back. If I recall correctly, a business may not refuse cash for a debt already incurred, but may refuse to allow you to incur said debt. That is, while cash is legal tender, a business may still refuse it, on the principle that they may not be compelled to provide service to any person or class of persons. In this case, class of persons == those w/cash.
So, no, if you already had a contract or obligation, they may not refuse payment in cash. They may try. However, walking up to a store counter or a FedEx depot is a different matter. One only has to wonder about restaurants which want to refuse cash...do you pay before eating, then? Ask for proof of credit before opening service? So far as I think... -David Molnar