{"id":1193,"date":"2009-05-12T08:57:58","date_gmt":"2009-05-12T12:57:58","guid":{"rendered":"http:\/\/www.schollnick.net\/wordpress\/?p=1193"},"modified":"2009-05-12T08:58:01","modified_gmt":"2009-05-12T12:58:01","slug":"debt-payment-in-pennies","status":"publish","type":"post","link":"http:\/\/www.schollnick.net\/wordpress\/2009\/05\/debt-payment-in-pennies\/","title":{"rendered":"Debt Payment in Pennies"},"content":{"rendered":"<p>An online discussion regarding the Pirate Bay, led me down this road, and I thought I would share&#8230;<\/p>\n<p>Claim: &#160; U.S. law specifies that merchants do not have to accept more than 100 pennies in payment. <\/p>\n<p>Status: &#160; False. <\/p>\n<p>Origins: &#160; This is one of the pieces of  misinformation that makes me wish web sites like this one had been around when I was a kid so I have could pointed my father toward it and told him to shut up already. I can&#8217;t recall how many times he solemnly intoned that &#8216;Pennies are not legal tender in quantities greater than 100&#8217; and therefore merchants were &#8216;legally&#8217; allowed to refuse any offer of payment that included more than one hundred one-cent coins (and, presumably, could not &#8216;legally&#8217; refuse payment offered in any other form of legal tender). As with so many other things he was dead wrong (and I knew it even then), but I had no way of proving him wrong. I can now, though. <\/p>\n<p>(<a href=\"http:\/\/www.snopes.com\/business\/money\/pennies.asp?print=y\">View the rest of the article at snopes.com: Debt Payment in Pennies<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An online discussion regarding the Pirate Bay, led me down this road, and I thought I would share&#8230; Claim: &#160; U.S. law specifies that merchants do not have to accept more than 100 pennies in payment. Status: &#160; False. Origins: &#160; This is one of the pieces of misinformation that makes me wish web sites <a class=\"read-more\" href=\"http:\/\/www.schollnick.net\/wordpress\/2009\/05\/debt-payment-in-pennies\/\">[&hellip;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[8],"tags":[212,119,253],"_links":{"self":[{"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/posts\/1193"}],"collection":[{"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/comments?post=1193"}],"version-history":[{"count":0,"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/posts\/1193\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/media?parent=1193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/categories?post=1193"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.schollnick.net\/wordpress\/wp-json\/wp\/v2\/tags?post=1193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. The constant WPCACHEHOME must be set in the file wp-config.php and point at the WP Super Cache plugin directory. -->