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Is legal tender the only use of money to buy things?

No, legal tender is not the only form of money that can be used to buy things. In addition to physical currency issued by governments, electronic money, such as bank deposits and credit cards, can also be used to make purchases. Digital currencies like Bitcoin are another form of money that can be used for transactions.


Can a creditor take money you win in a law suit for a injury case?

Yes, a creditor may be able to garnish the funds you win in a lawsuit for an injury case if you owe them money. It is important to consult with a legal professional to understand your rights and options in such a situation.


In the 1800s laws were most likely to favor members of which religion?

No laws were written for any religion in the United States. This is a secular democracy and in the constitution it states that there is a freedom of religion. This includes making any laws that would favor a particular religion and one reason people came to the United States. If you are talking about Ireland that would be a different matter.


How much money legally have at home?

The amount of money you can legally have at home varies by country, but generally there is no limit on the amount of money you can keep at home. However, carrying or keeping very large amounts of cash may raise suspicions of money laundering or tax evasion. It is always recommended to keep your money in a secure location such as a bank account.


What is the Punishment for money laundering?

Depends on how much money, and how you stole it. Typcial punishments are fines, jail time, community service, probation. For large amounts of money, or money taken by force (robbery) punishment can be years in prison.

Related Questions

Can I go to any bank to break money into smaller denominations?

Yes, you can typically go to any bank to break larger denominations of money into smaller ones.


Is it illegal to break money into smaller denominations?

No, it is not illegal to break money into smaller denominations as long as it is not done with the intent to defraud or commit any other illegal activity.


Does digital wallet and digital money has the same meaning?

No, digital money is spendable (you can not spend a wallet), while the digital wallet is a device in/on which you store your digital money. The device will 'hold' your 'digital cash balance' and reduce this as you spend the digital money, safely communicating with the vendors system to increase the amounts in their 'till' as you spend.


What denominations does paper money come in?

Paper money typically comes in denominations ranging from $1 to $100 in the United States. Other countries may have different denominations for their paper currency, depending on their currency system and value of their currency.


What type of money is transferred electronically?

Digital Money


What do professionals prefer digital or film cameras?

Digital - time is money.


What denominations of us money has not been printed since 1946?

2 dollar bill


What is a form of fiat money that is a commonly used today?

. Digital money


What is a form of fiat money that is commonly used today...?

. Digital money


What is a form of fiat money that is commonly used today?

. Digital money


What is the meaning of the word denominations?

The word denominations means separate named or valued forms. For example:1) currency (Paper money is printed in various denominations.)2) churches (The Baptist church has many different denominations.)


fiat?

it is digital form of currency or money