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In the United States, there is no federal law that requires businesses to accept coins as payment. However, the Federal Reserve states that U.S. coins and currency are legal tender for all debts, public charges, taxes, and dues. Individual businesses may have their own policies regarding coin acceptance.
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What is Payment terms in law?
Payment terms in law refer to the conditions under which a payment is to be made, such as the due date, method of payment, and any penalties for late payment. These terms are typically outlined in a contract or agreement between parties. Failure to adhere to the payment terms can result in legal consequences.
What describes any kind of money a creditor must accept by law in payment of a monetary debt?
Legal Tender
What is the law on stop payment on a check?
In the United States, a stop payment on a check is a request made by the account holder to their bank to not honor a specific check that has been issued. The account holder typically needs to provide specific information about the check, such as the check number and the amount. Stop payment orders are usually subject to a fee and must be made within a specific timeframe before the check is cashed.
By law how many days does your payment have to be late for a reposession to occur?
The number of days a payment must be late before repossession can occur varies by state and contract. Typically, it ranges from 30 to 60 days past due. It is important to review the specific terms of your contract and familiarize yourself with the laws in your state regarding repossession.
By law every child in belgium must take harmonica lessons true or false?
False. There is no law in Belgium that mandates every child to take harmonica lessons. Music education in schools is encouraged, but it is not a legal requirement for all children to take harmonica lessons.
Is the money that a creditor must by law accept in payment of debts?
Legal Tender.
Can a rent payment letter be used in a court of law?
Yes a rent payment letter can be used in a court of law as long as it is a valid rent payment letter. This letter must be signed by the appropriate people to be valid.
Any kind of money that a creditor must by law accept in payment of debts?
legal tender
What describes any kind of money a creditor must accept by law in payment of a monetary debt?
Legal Tender
What terms describes any kind of money a creditor must accept by law in payment of a monetary debt?
Legal Tender
Is it Federal Law that a Doctor must take your photo?
No.
Is there a law in KY that states you must take a lunch break?
Fat
How frequently must all users to take information security awareness training according to Federal law?
They must take the training annually.
Do automobile accident attorneys have special training they have to take before they start their practice?
Automobile accident attorneys must have a number of qualifications, exam results, and licenses. First of all, they must have a bachelor and law degree. They must also take a test to enter law school. In law school, aspiring attorneys take courses in constitutional law, car accident law, liability laws, and civil procedure. Internships are often completed. Finally, they must undergo on-going education to keep their licenses up to date.
What stamina does one need to become a lawyer?
He must take the law school
What must the courts have before they can take a persons life?
due process of law
How long does it take to become a disability law attorney?
To become a disability law attorney, you must attend the regular law program, which can take up to 8 years. It then takes at least an additional two years to specialize in disability law.
