Xexyz
|
It depends where you live. If you are in Scotland, this is legal. If you live in England or Wales, this was partially illegal.
All Bank of England banknotes are legal tender in England and Wales. This means that they legally are considered as payment for a debt. The same applies to Royal Mint coins, but only in limited quantities for each coin.
Now, the question is whether there was a contract at the point at which the shop refused the money. If the shop assistant had rung the purchase through the till, then it is quite possible that you could argue that they has accepted your offer of purchase, and a contract was in place. If this is that case, then you could theoretically sue the shop for breach of contract, since they refused to give you the item even though you had given them your payment - it doesn't matter that they then refused it.
So, what the shop did was wrong, but it's borderline as to whether a civil offense occured! If there was a sign saying that £50 notes were not accepted, then I don't think you've a leg to stand on.
By the way, almost everyone else has it wrong here. £50 notes are legal tender, as are all other Bank of England notes. |
|
swatchwatch71
 |
.Yes a shop is well within its right to refuse any form of payment that they do not want to. A lot of shops no longer accept cheques as well. I think that is fantastic |
|
dre
 |
I think it's wrong, it's their problem to check it, and if you are sure you haven't printed that note you should make a complain. |
|
colin050659
|
yES THERE ARE TO MANY FORGED £50.00 NOTES IN CIRCULATION SO HE HAS THE RIGHT TO REFUSE IT I AM A TAXI DRIVER AND I REFUSE TO ACCEPT £20.00 NOTES |
|
cymry3jones
 |
I suppose it depends on who made the £50. note. |
|
joe l
|
Ask the judge! |
|
x
|
Its all to do with contract law and offer to treat.
Basically you can't make a shop sell you something so if they don't like your money (there are a lot of forged £50s about) that's it. |
|
sassyfrass
 |
not illegal, but annoying. they should have a sign, let the manager/owner know it would be appreciated in the future. maybe they could use one of those markers that will show if it is fake or real. |
|
corpsengineer
 |
Here in the U.S. we tend to get upset and dump tea in harbors when people pull crap like that. |
|
njyecats
|
In the U.S. a lot of businesses will not accept bills larger than $20's. It's just how it is. :) |
|
*BABALICIOUS*
 |
maybe they hadn't enough change if your worried write a letter of complaint to the boss of the shop explaining the situation and threaten to take it further it'll scare them!! |
|
mum-2-be
 |
no there should be a sign thou |
|
morylprudencio
|
i don't know about there but i know in north america it is. they can refuse if , if they suspect if to be false. or it could be store policy. i know my old grocery store didn't accept $100 bills or 50$... |
|
tartanbeastie
|
technically no paper money is legal tender/cash it is merely a note promising to pay to the value of the note..(like an early form of cheque) it is nowadays classed as the norm to accept paper cash |
|
Ms Fabulosity
|
There are a number of shops in my area that refuse to accept £50, and not all of them have signs up. When I queried it one day, I was told that it is because there are lots of dud £50s in circulation, and they have no redress if they take a fake £50.
Personally, I wouldn't want to walk around with loads of £50 notes; losing a fiver is bad enough but losing a £50 would kill me! |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
