rackld
Jan 10, 2007, 10:59 AM
Hi,
Can a merchant in the United States refuse to accept cash as payment? I'm not talking about a bag of pennies, but cash in reasonable denominations. For example, many hotels seem to have a policy declining cash. Is this legal? Also if you sign a lease, it likely contains a provision that payment will be by check, or other non-cash entity. Is this contract provision enforceable?
Dave
Can a merchant in the United States refuse to accept cash as payment? I'm not talking about a bag of pennies, but cash in reasonable denominations. For example, many hotels seem to have a policy declining cash. Is this legal? Also if you sign a lease, it likely contains a provision that payment will be by check, or other non-cash entity. Is this contract provision enforceable?
Dave