Legal tender laws in the U.S. are inherently discriminatory. The reason is the fractionalized banking system. A bank in the U.S. can legally lend 10 times the money they have on deposit. This money (for every dollar they have, they can create nine dollars out of thin air) power grant...
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An invitation or a request for a quotation is not regarded in English law as an offer. A decision taken to submit a tender does not form a legally binding Contract. A quotation is nothing more than an offer. Whilst you are not under any obligation to accept an enquiry or invitation to ...
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 ...
Limited legal tender is a form of legal tender that can be used to pay a debt or used in exchange for goods and services, but only up until a certain...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer ...
What is an RFQ? Learned what a construction RFQ is for, how it compares to other requests, and what to include in an RFQ.
A liquid asset is cash on hand or an asset that can be easily converted to cash. In terms of liquidity, cash is supreme, since cash aslegal tenderis the ultimate goal. Assets that can be converted to cash quickly are similar to cash itself and are thus also liquid. ...
stablecoins are not a sustainable solution to the very same problem at Bitcoin is trying to solve. In addition, it could be said that because the fiat-pegged ratio is so blatantly derived from a national tender, the stablecoins very well be governed by the nation’s legal financial laws. ...
But in Dubai, which has a large expatriate population and relatively lax rules on alcohol, the event is unlikely to draw much attention — unless, of course, they make it into the Guinness Book of World Records. Before Monday, the United Arab Emirates held 165 such records, inclu...
In a court case, amicus curiae literally means what? What does the term 'religion' mean under the First Amendment? What law defines legal rights and duties? What is the meaning of legal tender money? What were the immediate sources of the National Origins Act?