Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
rplst8
on May 12, 2017
|
parent
|
context
|
favorite
| on:
Discounted Cars Benefit Buyers, but May Spell Trou...
I seem to remember some law preventing businesses from refusing cash for a sale.
0xcde4c3db
on May 12, 2017
|
next
[–]
It's a very common misconception in the US that businesses are obligated to accept cash for a sale [1].
[1]
https://www.federalreserve.gov/faqs/currency_12772.htm
madcaptenor
on May 12, 2017
|
prev
[–]
Also, when people say they're paying "cash" for a car they don't necessarily mean they're walking in with a stack of hundred-dollar bills. "Cash" often means cashier's check, etc. - the idea is that you're not borrowing money to buy the car.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: