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Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins

Bob Maxey said:
Sorry, no. Perhaps if the coins were rolled, but that might (would) force the payee to unroll the coins and count them. A few missing coins from even 10% of the rolls is a substantial sum.

I believe the law says an unreasonable amount of coins can be refused and certainly, the amount supposedly paid in coin is an unreasonable amount to be sure. I believe a merchant can refuse payment in coins as well; there is no law that forces me to accept payment in coin. No reason Apple has to either.

Until the coins are counted and the amount verified, SS is still on the hook. No debt was settled until the final count is in and it can take a long time to count that many coins.
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I have never heard of any federal law that, without proper documentation, you can refuse a legal payment (even thought some payment methods seem unreasonable).

A future transaction (such as a retailer) can refuse a transaction for nearly any reason, including excessive coins.

If there is a federal law about court mandated lawsuit payment, please let me know. REMEMBER: cases such as divorce are a separate entity which CAN and WILL dictate payment methods.
 
kevincott said:
I have never heard of any federal law that, without proper documentation, you can refuse a legal payment (even thought some payment methods seem unreasonable).

A future transaction (such as a retailer) can refuse a transaction for nearly any reason, including excessive coins.

If there is a federal law about court mandated lawsuit payment, please let me know. REMEMBER: cases such as divorce are a separate entity which CAN and WILL dictate payment methods.
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G'day Kevin! :wavey:

Just because you've never heard of a law doesn't mean it doesn't exist...

Q: I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal?
A: The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.



So basically it would be Apple's choice whether it accepted the payment.​
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Quote lifted from:
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Of course this is all theoretical, but while a private business has the ability to refuse payment, they run the risk of losing out on the sale altogether. So it could be the same with this. The judge could rule Samsung's attempt acceptable, and throw out the judgement on apples refusal to accept ;)
 
kevincott said:
I have never heard of any federal law that, without proper documentation, you can refuse a legal payment (even thought some payment methods seem unreasonable).

A future transaction (such as a retailer) can refuse a transaction for nearly any reason, including excessive coins.

If there is a federal law about court mandated lawsuit payment, please let me know. REMEMBER: cases such as divorce are a separate entity which CAN and WILL dictate payment methods.
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You must remember some members here know everything. I paid my ex's lawyer with $4,000 in dirty coins. They refused it then took us back in front of the judge who ruled that it was legal and she should have been more specific in how she wanted payment.
 
Thx General Eclect.

It seems like I would have seen this published at some point before, my bad.


@TjGoSurf, this is what I am more used to but it seems I was wrong.


Good debate, but a conceptual debate regardless as it never happened.



edit2: The above from General Eclect refers to transactions as my last post stated, not lawsuits. This is a different ball of wax. "No Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services." A lawsuit is not a good and/or service as described.

The quote specifies "Private businesses are free to develop their own policies on whether or not to accept cash." A lawsuit is NOT a transaction.
 
TJGoSurf said:
You must remember some members here know everything. I paid my ex's lawyer with $4,000 in dirty coins. They refused it then took us back in front of the judge who ruled that it was legal and she should have been more specific in how she wanted payment.
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so.. what was the end result?
did they accept the coins? or did the judge rule that you tried and they refused, so the debt was canceled?
 
Wow I wish this was true, I am sad it is not.

A really big part of the ugly American law system, society and freaking huge and ugly as hell corporations are like a very very big ugly kid (bully) on the play ground that has big arms and has lots of guns / total power over everything but... it no longer wants to care about being positive or progressive what so ever and what was once upon a time "one small step for man... one giant leap for man kind" has now turned into "what can I steal here from your lunch today "buddy"? Aww come now little guy! Don't be scared! I won't break you! :D"

The American / Yank legal system is completely out of control.

Where did the world's honour system go?

Where?

Why can't you lend money to some one and then sadly you fear you will never ever get it back?

One day we will all be able to sue each other for claiming that some one is stealing your oxygen on the other side of the planet it will become that crazy.

(It is starting to get there already)

Screw that now that I think about it!

People 1 day on Earth will be able to sue some one on the planet Mars (I think we will get there some day! :)) for stealing their oxygen for some totally bogus and crazy insane foaming at the mouth claims.

Why can't people just be positive and progressive?

Why not?

Why? :confused:

Anyway, it would have been a freaking awesome story... I wish it would happen but such is life! :)

Sueing people is such a dishonourable thing.

A very clever guy said once:

"An eye for an eye leaves the whole world blind."

People should seriously listen to this kind of positive and clever thinking.

Anyway! :)

Hopefully it weill happen! :)

But if not then you need to get lot's of ammo and a bullet proof vest! :D
 
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