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-   -   I'll let you into a little secret :) (https://www.accringtonweb.com/forum/f74/ill-let-you-into-a-little-secret-46132.html)

emzy 12-03-2009 14:11
Re: I'll let you into a little secret :)
 
Quote:
Originally Posted by K.S.H (Post 691689)
in any amount? is that cause they don't need it for change


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Am guessing so. Ive never tried to be honest but someone i know did and was told that they wouldnt pay with them

pipinfort 12-03-2009 14:29
Re: I'll let you into a little secret :)
 
I`ve heard this before..............

K.S.H 12-03-2009 19:16
Re: I'll let you into a little secret :)
 
Quote:
Originally Posted by Studio25 (Post 691677)
A shop doesn't have to accept cash at all! Likewise there is no legal obligation to give change.

Whether the shop would stay in business if it implemented either of these is another matter, though.

"Legal tender"is simply payment that satisfies a debt, if offered. As most shops hand over the goods when payment is received, then there is no debt. If you try to buy something for £20 using 1p coins, the shop can either accept it or not. If it won't accept it, you're not then entitled to walk out with the item, nor is any offence committed.

You can satisfy a debt in any way that is mutually acceptable: cash, cheque, credit card, cattle, sexual favours etc - but if an offer is made to settle a debt using legal tender (the coins and amounts specified earlier) and that offer is refused, the debt is still legally satisfied.
Yeah I read most of this last night, what I'd like to know is If I offered to pay with a £50 and they refused would the debt be classed as settled :confused: lots of shops won't accept these - might go on a shopping spree this weekend armed with a few £50 notes :D

SamF 12-03-2009 20:10
Re: I'll let you into a little secret :)
 
Read a £5 note. Notice it says pay the bear on demand the sum of five pounds. You can legally go up to the cheif cashier and demand 5 pounds, keeping your note.

MargaretR 12-03-2009 20:17
Re: I'll let you into a little secret :)
 
A few days ago I got snail mail saying I could buy one of the new £5 coins

accyman 13-03-2009 01:15
Re: I'll let you into a little secret :)
 
Quote:
Originally Posted by Studio25 (Post 691677)
You can satisfy a debt in any way that is mutually acceptable: cash, cheque, credit card, cattle, sexual favours etc .
i dont care how much council tax i owe i aint sleeping with britcliff :eek:

jaysay 13-03-2009 11:12
Re: I'll let you into a little secret :)
 
Quote:
Originally Posted by MargaretR (Post 691822)
A few days ago I got snail mail saying I could buy one of the new £5 coins
Snap, so did I Margaret, but I won't be dashing to the post box with my order anytime soon:rolleyes:


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