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Re: BBC- Law 'hinders' Scottish bank notes Posted on: Mon, 4 Feb 2008 18:21:54 -0000


"Markku Grönroos" wrote in message
news:yvBpj.291671$wH3.21880@reader1.news.saunalahti.fi...
>
> "nightjar .me.uk>" kirjoitti
> viestissä:3bidnSHJXdEg5DvanZ2dnUVZ8u2dnZ2d@giganews.com...
>>
>>> retailers. They MUST accept pounds
>>
>> Wrong. A sale is a negotiation between two parties and it is entirely up
>> to them what form that takes. There is no obligation for the vendor to
>> accept
> No it isn't. Don't be silly. The law dictates the use of pounds.
> Naturally, if both parties have an agreement that other currencies will be
> used, then it is different. If the customer (or the vendor) wants (as he
> usually does) to pay in pounds, the pounds it will be. It is true that I
> know nothing about the British law but so it is. A bit bold from my side.
> Yes?

As you say, you know nothing about British law. I, however, am a retailer
and know exactly what my and my customers' rights and obligations are under
English Law. Whatever you may wish to believe, there is nothing in English
law that dictates that a vendor has to accept pounds. While European Law
generally needs everything to be written down, English law relies heavily
upon custom and practice. If something is customary, it will only have
legislation raised when the customary practices need clarification. In
English law, the only clarification needed about how payment is made was
when we decimalised and the pricing of goods in pounds shillings and pence
was banned.

Colin Bignell


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