Arbeitspapier
Legal tender
The legal foundation of the monetary system is the law of legal tender. The 'legal tender' concept is used in models to describe almost anything except for what it really means in actual laws. Such errors prevent an accurate evaluation of the importance of this legal status. This note explains in simple terms what 'legal tender' really means.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 2009-04
- Classification
-
Wirtschaft
Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
Contract Law
- Subject
-
Legal tender
Contract law
Taxes
Währungssystem
Vertragsrecht
- Event
-
Geistige Schöpfung
- (who)
-
Goldberg, Dror
- Event
-
Veröffentlichung
- (who)
-
Bar-Ilan University, Department of Economics
- (where)
-
Ramat-Gan
- (when)
-
2009
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Goldberg, Dror
- Bar-Ilan University, Department of Economics
Time of origin
- 2009