stackyFACTS
Economy

Legal tender forces acceptance for existing debts

HERE’S THE INTERESTING PART

Despite what angry people yelling at cashiers think, 'legal tender' does not force anyone to sell you an item for paper cash. It simply means that if you already owe a debt, the creditor legally cannot refuse your national currency as a method to settle it. If they refuse it, the debt is effectively discharged.

Legal tender forces acceptance for existing debts
STACKY / Economy
One discovery leads to another.

Keep exploring facts in this topic.

Economy →
STACKY FOR IPHONE

A bigger world.
One discovery
at a time.

Keep discovering with Stacky. Interesting facts in an app that is always within reach.

Download on the App Store
ONE MORE DISCOVERY?

Keep exploring

All in this topic →
StackyMore discoveries in the app
Download on the App Store