If only a rare precious metal was considered legal tender or barter was legal, the banks would no longer have the economic power they presently do. This is coercement, pure and simple. If you or I could lend ten times the cash we have, how would that affect our finances? How would th...
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Under stare decisis, a common law judge must look to prior decisions that are similar and base their decisions on the precedent. If a judge fails to follow prior decisions in a similar matter, the judge's decision is likely to be overturned later on in the legal process. Conversely, ...
Knowingly writing a bad check is an act of fraud and it's punishable by law. Criminal penaltiesfor people who tender checks knowing that there are insufficient funds in their accounts can vary by state. Some states require an intent to commit fraud. The crime is considered a misdemeanor in ...
Learn about what a job description is, and get free job descriptions that cover responsibilities, job duties, and requirements for more than 2,000 jobs.A job description is a document that clearly states essential job requirements, job duties, job responsibilities, and skills required to perform ...
A national currency is a legal tender issued by a central bank or monetary authority used to exchange goods and services.
aTake a dive in the cool pool while our bartender serves you a Clarks' special.[translate] a石静遐.中国的跨界破产法:现状、问题及发展.中国法学.2002(1) Shi Jingxia. China's straddling of zones bankruptcy law: Present situation, question and development. Chinese legal science .2002(1)[translat...
This Central American nation stands out for being the only country to declare Bitcoin as legal tender. Bitcoin can be used nationwide; in fact, its acceptance by merchants is compulsory. El Salvador accepts tax payments in Bitcoin and exempts foreigners from paying any taxes on income from their...