I read this a different way. It takes 10 to pay 50 dollars.
Here, some times, a person will pay a tax bill with a truck load of coins. Actually back a dump truck up to the door and dump 1000 pounds of coins.
So, a store does not have to except change on big items. I don't know how much is the limit. Here a coin is not legal tender any amount but paper is.
I read this a different way. It takes 10 to pay 50 dollars.
Here, some times, a person will pay a tax bill with a truck load of coins. Actually back a dump truck up to the door and dump 1000 pounds of coins.
So, a store does not have to except change on big items. I don't know how much is the limit. Here a coin is not legal tender any amount but paper is.
A store must take a 5 dollar bill (and others) on a 100,000 payment.
They do not have to take 10,000,000 one cent pieces.
Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation.[1] Paper currency and coins are common forms of legal tender in many countries. The origin of the term "legal tender" is from Middle English tendren, French tendre (verb form), meaning to offer. The Latin root is tendere (to stretch out), and the sense of tender as an offer is related to the etymology of the English word "extend" (to hold outward).
In Euro countries stores do not have to accept more than 50 coins. I think there are also some kind of rules when stores can legally refuse to accept large bills for small purchase.
In Euro countries stores do not have to accept more than 50 coins. I think there are also some kind of rules when stores can legally refuse to accept large bills for small purchase.