Morality of transacting with damaged currency note/bill
Upvote:0
Many retailers reuse smaller bills for till change, but there is still no real good reason to reject a damaged bill if it has a serial number on it. Few twenties are used for this purpose and definitely not any larger bills, in my experience. Any deceit to pass the legal bill is a matter of trying to bypass a retailers prefer to not have such bills. It would be on par with sneaking mustard onto a hotdog by covering it completely with ketchup when you know the recipient hates mustard.
One caveat, however, if it offends your conscience, don't pass it, deposit it instead.
Upvote:1
No, a damaged currency note or coin are still legal tender, if they are legible. In the US, the bill must be at least 50% complete, for obvious reasons. Passing along similar looking foreign currency or coin would be deceitful, though, such as giving change in the US with Canadian coins, which have lesser value.
Upvote:3
Banks in Canada and I suppose the US and other developed countries will exchange bills that are damaged as long as they have one complete serial number because they are still considered legal tender.
Thus if a bank note is damaged to this degree stores would be free to accept or reject the money in question.
The Catholic Church would simply demand that the faithful obey the just laws in this regards according to the rules and laws of a particular country, in this regard.
If in doubt a bank will let you know if a particular piece of money is still considered legal tender or not.
To pass one a bank note that one knows is damaged to such a degree that it is no longer acceptable as currency, then that would be morally objectionable in the eyes of the Catholic Church.
If you pass one the buck, make sure it is legal tender first. Deception is a sin and the greater the value of the note the greater the sin.
If in doubt, check it out at a bank!
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