9 Dec
2002
9 Dec
'02
4:06 p.m.
From: "Tim May" <tcmay@got.net>
Mark cited the Bank of England, not U.S. law. I don't know what British law is in this regard.
It does appear that the law in England is not as "demanding" as I believed: http://www.bankofengland.co.uk/banknotes/legaltender.htm <<The concept of legal tender is often misunderstood. Contrary to popular opinion, legal tender is not a means of payment that must be accepted by the parties to a transaction, but rather a legally defined means of payment that should not be refused by a creditor in satisfaction of a debt.>> Mark