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You know when you go into convenience stores or gas stations and they have signs reading they can't accept bills larger than $20? What's up with that? Is that even legal?

2007-01-25 03:31:07 · 8 answers · asked by Anonymous in Politics & Government Law & Ethics

8 answers

It's probably not ilegal, but it should be. The larger bills say "legal tender for all debt public and private." not "for all debt public and private unless they can't break a hundred."

2007-01-25 03:41:25 · answer #1 · answered by David H 2 · 0 1

The reason they're saying no bills larger than $20 is if the bills are not real, they're only losing $20 and the stuff you bought not $50 or more and the stuff you bought. I used to work in a convenience stores that did that. And yea, it's legal.

2007-01-25 03:44:29 · answer #2 · answered by mouse 3 · 1 0

Yes it is! The answer before me gives good example of a illegal practice.
Many businesses, have a policy where the clerks/employees must put larger (if they get them) in a safe that they can not open. Some also have the practice where they must put all money over a certain amount in a safe.
This is to deter robbers from wasting their time on only getting a small amount of money from the register.

2007-01-25 03:40:24 · answer #3 · answered by GERALD S. MCSEE 4 · 0 0

Perfectly legal - they can conduct their trade in any manner with any rules that do not discriminate against the protected set (race, religion, etc). Being in posession of only a $50 bill does not make you protect - it makes you in need of 2-20's and a 10.

2007-01-25 04:04:07 · answer #4 · answered by Susie D 6 · 1 0

Yes. A business may make any such rules about how they conduct trade, unless it is discriminatory. If the sign said "No bills larger than $20 from black men" that would be illegal.

2007-01-25 03:34:52 · answer #5 · answered by Anonymous · 4 0

The sign is a protective measure for the business. Many businesses, especially those in remote areas, have to be overly concerned and cautious about being robbed. Its been legal to post that request for several years.

2007-01-25 03:43:20 · answer #6 · answered by Anonymous · 0 0

how would that be illegal? if they can't make change for more than a $20 than they can't....there is nothing illegal about that. also they don't like having larger bills in their store because of robbers.

2007-01-25 03:36:11 · answer #7 · answered by Anonymous · 1 0

Ludicrous as it is legal tender, but some are accepting the Peso! Nobody says not one thing to prohibit it either even if it is just a promotion!

2007-01-25 03:39:35 · answer #8 · answered by Sassy 3 · 0 1

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