• A1kmm@lemmy.amxl.com
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    1 day ago

    Traditionally legal tender means that a person / entity has to accept it for the payment of a debt - i.e. they can’t refuse cash and say you didn’t pay them because you didn’t use some other method.

    However, in many retail scenarios there is no debt - there is an exchange of payment for goods, and so the traditional common law legal tender rules do not prevent retailers from refusing that exchange (i.e. customer doesn’t get the goods, retailer doesn’t get the money, the transaction just never happens) on the grounds of payment methods.

    Some places have additional laws on top of legal tender that might require retailers to accept cash.