Wednesday, March 25, 2015

Can I contract with a person or company to receive for services or products ONLY U.S. Mint Silver Eagles Coins legal tender face value one d...

Question

Can I contract with a person or company to receive for services or products

ONLY U.S. Mint Silver Eagles Coins legal tender face value one dollar each ?

Or am I legally required to accept Federal Reserve Notes even though our contract says otherwise ?

The question has nothing to do with how it is reported for taxes, just what is received for payment.



Answer

I suppose- just as a contract could specify payment in Buffalo Nickels etc.

But the problem is : What if he pays in $ 100 bills?

You can sue for Breach of Contract, but what are your damages? $0.00



No comments:

Post a Comment