Dallas-based food chain to accept Mexican Pesos

Dallas Morning News ^ | 01/07/2007 | Karen Robinson-Jacobs

[VOA]

bump

[AmishDude]

"since 1854" is right. Any payment in exchange for a good or service is payment of a debt.

[DustyMoment]

I guess this is a reason why this isn't a huge fast food chain.

I never heard of them, and I lived in Dallas for over 20 years.

[stbdside]

I received a coin from the Cayman Islands a while back in change.

[HawaiianGecko]

_hg

"since 1854" is right. Any payment in exchange for a good or service is payment of a debt.

This should explain it.

The United States Coinage Act of 1965 

 

FAQs: Currency Legal Tender Status I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal? The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues." This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.

 

[Non-Sequitur]

Bet the teenagers you refer to are white or black...

No bet.

[cowtowney]

FWIW, if you go to Mexico, they take dollars and give back change in pesos.

[Maven]

I think it would be great to shift the focus of this thread toward numismatics.

While I do know several numismatists, my father's a philatelist and I'm more of an emphemerist or deltiologist.

Maven

[ErnBatavia]

Thanks for the info. Is that because of heavy traffic, citizen checks, or what? Will it make a difference if we have passports (as opposed to just birth certificates and drivers licenses)? We only have 3 days in the area, and planned just a partial day trip, is it not worth the hassle in your opinion?

It's been years since I've been there...but yes, you can expect both heavy traffic and ID checks; beginning this week I believe you'd need a passport.

If it were me making the decision, I'd pass unless you have a desire to become a ripped-off turista, as well as be very depressed at the poverty of the street urchins.

I imagine T.J. is still among the scuzziest, dirtiest, skankiest places in Mexico.

[Mike Darancette]

When you order your pizza it is 1,000 pesos, half hour later when they deliver it the price is now 1,200 pesos.

[gcruse]

As pragmatic as Canadians are, I'm wondering why they still bother minting pennies, not to mention nickels.

[GAB-1955]

No, it's supposed to be the "Amero." Haven't you read enough conspiracy theories?

If they can make money taking pesos, bravi! I bet they're making money on the exchange rate too.

[Halls]

this is what I'm so afraid of. And if it becomes apparent that this will happen my family will be leaving the USA quickly!

[devane617]

Ditto: Disgusted in Texas!

[doug from upland]

Looks like a new biz op --- counterfeit pesos for pizza.

[Clemenza]

1. Italy uses the Euro, as does most of Europe.

2. Rome allows immigrants, legal or illegal, to vote in local elections.

"When in Rome" do you REALLY want to use Rome as an example, TOURIST?

[Stultis]

I still live in the United States of AMERICA!

NOT

the United States of MEXICO!!

And I guess you also live in the town of Panty Wad, on Drama Queen Avenue?

How does this policy decision, however eccentric, by a private business concern, threaten your citizenship?

[Clemenza]

Aint gonna happen.

1. The Mexican birtrate is plummeting at a rapid rate. The problem of Mexican outmigration should take care of itself in 15 years.

2. Do you REALLY think a country like MEXICO could take over part of the U.S? Their children tend to prefer Cowboy football to futbol for Crissake!

[stopem]

My, My such animosity.

As someone else said it is symptomatic of a serious issue.

[mullymt]

Why are we? Pennies drive me nuts!