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Forum Post: Legal Tender

Posted 6 years ago on Feb. 2, 2012, 11:41 a.m. EST by asauti (-113) from Port Orchard, WA
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Does anyone know what "Legal Tender" means in this country?

Here is the definition from wikipedia.org: "Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation."

So, "Legal Tender" means that any/all contracts in the United States can ONLY incorporate The Dollar (U.S.) as the legal method for fulfilling any/all payment?

I have left this post "short" on further explanations, on purpose, so others can "fill in the blanks" of exactly what this means.

Let the discussion begin!



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[-] 0 points by asauti (-113) from Port Orchard, WA 6 years ago

Can I get at least one person who understands what "Legal Tender" really means in the terms of how courts handle it and the ramifications of their decisions for the freedom of the individual.

It's an important topic to be discussed.