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BOE $1.05
What happens on the day stated on the BOE $1.05? When you go to the meeting place with your witnesses…both scenarios, if they turn up & if they don’t turn up? Are we bringing another BOE for $1.05? Will there be any letter, default notice or not? What do we get done if they don’t turn up? Do we send them anything?
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7 Replies
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If they do not show up, then do a Certificate of Protest. It is found in Module4 Accept Public Offer to Contract.
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Do you know what we give them, besides another BOE $1.05, if they do turn up?
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They wont show up because it sets a precedence that negotiable instruments can be presented for payment in gold and silver. This would mean anyone could take their cash to treasury and present their cash (promissory notes) for payment of gold and silver. If they did show up, just give ’em a dollar and five cents.😂
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Will that be another Bills of Exchange exactly like the last one where it lists another day and time and address for meeting place for payment?
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You could ask them if gold and silver is in circulation and used as legal tender? And how can payment be made if it isn’t in circulation?
In your mind what are they asking for? $1.05 in what form ?
Cash (which is a promissory note anyway)? Bank transfer?
It’s all funny money and make believe. Nobody pays for anything these days, we just discharge the liability to pay.
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Maybe another BOE. But they won’t show up.
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Update: They didn’t turn up. I had another BOE ready, $1.10 stamp. So a Certificate of Protest was signed by my Notary and witnessess. Am I supposed to post them something to acknowledge that payment is discharged since they didn’t turn up? It’s been a couple of weeks now and I haven’t heard anything from them at all, nor have I done anything else.
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