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United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.
Is a promissory note legal tender?
American paper currency comes in seven denominations: $1, $2, $5, $10, $20, $50, and $100. The United States no longer issues bills in larger denominations, such as $500, $1,000, $5,000, and $10,000 bills. But they are still legal tender and may still be in circulation.
What are the forms of legal tender?
What Does RFP Mean? A request for proposal (RFP) is an open request for bids to complete a new project proposed by the company or other organization that issues it.
What are the forms of tender payment?
The Form of Tender is a form where the tenderer can fill in details relating to their offer, including the lump sum for which they are offering to complete the works.
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