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Originally Posted by DCLXVI
Nope. He who tenders makes the object money. He who accepts the money has merely agreed to accept what the offerer has put forth.
If you write up a promissory note and mail it to me, did I just "make" the note money? I don't think so. Did you make it money and tender it? I think so.
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There must be agreement duffus! Just because I tender something does not make it money. It must be in conformity to law. FRNs are not money and I must agree that they are . The statutes are clear that FRNs are obligations.
Like I said previously, you can't argue with ignorance.