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What's the equivalent of a Euro "cent"?

What's the equivalent of a Euro "cent"?

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Old Sep 18th 2003, 1:21 pm
  #106  
Deep Freud Moors
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Default Re: What's the equivalent of a Euro "cent"?

    > --
    > Liechtenstein liefert in rhythmischen Abständen Grieß, Mayonnaise,
    > Meerrettich, Schlämmkreide und Pappplatten sowie Medikamente gegen
    > Halskatarrh und Hämorrhoiden numeriert und in Stanniol verpackt an
    > Libyen und Hawaii

Once again, Wolfgang, you have a sig quote that is nothing short of
baffling. What the hell does that one mean????
---
DFM
 
Old Sep 18th 2003, 5:47 pm
  #107  
Sjoerd
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Default Re: What's the equivalent of a Euro "cent"?

"Hatunen" <[email protected]> schreef in bericht
news:[email protected]...
    > I have been asking for governmental sources, i.e., the law. I'm
    > not sure why you are so willing to dismiss them so lightly, when
    > the question at hand is one of the law in given jurisdictions. In
    > fact, the question was of EU law.

I don't think there is EU law on this. You need to refer to national laws.
For instance article 11 book 6 of the Burgerlijk Wetboek in the Netherlands.

Sjoerd
 
Old Sep 18th 2003, 7:17 pm
  #108  
Wolfgang Schwanke
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Default Re: What's the equivalent of a Euro "cent"?

"Deep Freud Moors" <deepfloydmars@yIaWONThBITEoYA!o.co.uk> wrote in
news:[email protected]:

    >> --
    >> Liechtenstein liefert in rhythmischen Abständen Grieß, Mayonnaise,
    >> Meerrettich, Schlämmkreide und Pappplatten sowie Medikamente gegen
    >> Halskatarrh und Hämorrhoiden numeriert und in Stanniol verpackt an
    >> Libyen und Hawaii
    >
    > Once again, Wolfgang, you have a sig quote that is nothing short of
    > baffling. What the hell does that one mean????
    > ---

That's an orthography test phrase with lots of difficult words, usually
found in dictations to torture students. It means, literally:

"Liechtenstein supplies in rhythmic intervals semolina, mayonnaise,
horseradish, whitening and card boards as well as medication against throat
catarrh and hamorrhoids, numbered and wrapped in tin foil, to Libya and
Hawaii."

There you are

Oh and this phrase means:

"asprosdoketon (greek): unexpectedly used loan word"

--
Aprosdoketon, das (gr.): unerwartet gebrauchtes Fremdwort.

http://www.wschwanke.de/
 
Old Sep 18th 2003, 8:29 pm
  #109  
Mxsmanic
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Default Re: What's the equivalent of a Euro "cent"?

Deep Freud Moors writes:

    > None necessary!

But two made. Hmm.

--
Transpose hotmail and mxsmanic in my e-mail address to reach me directly.
 
Old Sep 18th 2003, 9:05 pm
  #110  
Keith Willshaw
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Default Re: What's the equivalent of a Euro "cent"?

"Miguel Cruz" <[email protected]> wrote in message
news:M_lab.10153$3%[email protected]...
    > Hatunen <[email protected]> wrote:
    > > [email protected] (Henry) wrote:
    > >> Erm...'legal tender' _means_ that you can spend them.
    > >
    > > But it does not mean that they must be accepted in payment.
    > Exactly. Otherwise I could go buy a car and then hand over a truckload of
    > one-cent coins and demand that they accept them.


In the UK there's a limit to the number of coins that
constitute legal tender.


Keith
 
Old Sep 18th 2003, 9:29 pm
  #111  
nospamplease
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Default Re: What's the equivalent of a Euro "cent"?

[email protected] (Miguel Cruz) writes:

    > Incidentally, what happens if my little country decides to mint coins that
    > exactly match, say, the UK pound?

By matching the UK pound I assume you mean matching its face value.
In that case they'd presumably promise to give you a UK pound on
demand in exchange for one of their MyLittleCountry pounds - in other
words, tie its exchange rate to sterling.

> What if they only have half the value?

Face value? Then it's only worth half as much. You get £1 sterling
for each £2 MyLittleCountry.

Or do you mean the actual monetary value of the metal? That bears no
relation to the face value anyway. A pound coin would only be worth a
few pence melted down, surely.

Scottish banks (for instance) issue their own sterling notes, and
they're allowed to do it on condition that they hold a Bank of England
sterling note for each note of their own that they issue.

--
-- Chris.
 
Old Sep 19th 2003, 12:09 am
  #112  
Owain
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Default Re: What's the equivalent of a Euro "cent"?

"Hatunen" wrote
    | >> But I don't think having a Visa logo in the window legally
    | >> requires the owner to take a Visa card, save through his
    | >> contract with Visa.
    | >I think it does.
    | What you think is rather irrelevant. Has a contract been made
    | with the customer by the mere placement of a Visa logo in the
    | window? Not an easy question to answer but my remembrance of my
    | contracts classes in law school is that it has not. Fortunately,
    | though, not really relevant to the question of legal tender,
    | either.

The contract is not made by the mere placement of a Visa logo in the window,
but it forms a part of what is called Invitation To Trade. A customer
offering to purchase is making that offer relying on that invitation to
trade, and if the shop accepts the customer's offer to purchase, that
contract includes provision for the customer to pay by Visa by virtue of the
shop's invitation to trade on that basis and the customer's reliance on that
when making the offer and the shop's unqualified acceptance of the offer.

If the shop does not wish to accept payment by Visa then the shop must bring
that to the attention of the customer *before* entering into a contract with
the customer.

In the UK, a shop (this is common with travel agents, just to bring back
on-topic somewhat) that charges an additional fee for CC payments and has a
Visa (etc) logo on the door must also display those additional charges on
the door. A shop which does not display extra charges or which shows a Visa
sign when not accepting visa may be committing an offence under false
advertising or misleading price indication legislation.

Owain
 
Old Sep 19th 2003, 12:47 am
  #113  
Paul Weaver
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Default Re: What's the equivalent of a Euro "cent"?

On Fri, 19 Sep 2003 13:09:32 +0100, Owain wrote:
    > the door. A shop which does not display extra charges or which shows a Visa
    > sign when not accepting visa may be committing an offence under false
    > advertising or misleading price indication legislation.

Or possibly trademark violation?
 
Old Sep 19th 2003, 12:58 am
  #114  
Webpecker
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Default Re: What's the equivalent of a Euro "cent"?

On 18 Sep 2003 07:48:40 -0700, [email protected] (JX Bardant)
wrote:

    >Isn't this non-availability of small coins in Italy one of the reasons
    >for this consumer boycott day ?

only in the seventies was a shortage of coins in Italy - eurocents
ther're plenty of them...
 
Old Sep 19th 2003, 1:27 am
  #115  
Owain
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Default Re: What's the equivalent of a Euro "cent"?

"Paul Weaver" wrote
    | Owain wrote:
    | > the door. A shop which does not display extra charges or which shows
    | > a Visa sign when not accepting visa may be committing an offence
    | > under false advertising or misleading price indication legislation.
    | Or possibly trademark violation?

Mmm, possibly. Although wouldn't that be a civil matter?

Owain
 
Old Sep 19th 2003, 2:18 am
  #116  
S Viemeister
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Default Re: What's the equivalent of a Euro "cent"?

[email protected] wrote:
    >
    > Scottish banks (for instance) issue their own sterling notes, and
    > they're allowed to do it on condition that they hold a Bank of England
    > sterling note for each note of their own that they issue.
    >
Isn't that one Bank of England note for each Scottish note 'in
circulation'?
 
Old Sep 19th 2003, 4:32 am
  #117  
Hatunen
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Default Re: What's the equivalent of a Euro "cent"?

On Fri, 19 Sep 2003 07:47:49 +0200, "Sjoerd"
<[email protected]> wrote:

    >"Hatunen" <[email protected]> schreef in bericht
    >news:[email protected]...
    >> I have been asking for governmental sources, i.e., the law. I'm
    >> not sure why you are so willing to dismiss them so lightly, when
    >> the question at hand is one of the law in given jurisdictions. In
    >> fact, the question was of EU law.
    >I don't think there is EU law on this. You need to refer to national laws.
    >For instance article 11 book 6 of the Burgerlijk Wetboek in the Netherlands.

It would be interesting and informative to have you post that,
especially translated into English.

************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
 
Old Sep 19th 2003, 4:35 am
  #118  
Miguel Cruz
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Default Re: What's the equivalent of a Euro "cent"?

<[email protected]> wrote:
    > [email protected] (Miguel Cruz) writes:
    >> Incidentally, what happens if my little country decides to mint coins that
    >> exactly match, say, the UK pound?
    > By matching the UK pound I assume you mean matching its face value.

Nope, I mean its appearance. Or at least characteristics as measured by
vending machines.

miguel
--
Hit The Road! Photos and tales from around the world: http://travel.u.nu
Site remodeled 10-Sept-2003: Hundreds of new photos, easier navigation.
 
Old Sep 19th 2003, 4:49 am
  #119  
Sjoerd
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Default Re: What's the equivalent of a Euro "cent"?

"Miguel Cruz" <[email protected]> schreef in bericht
news:[email protected]...
    > <[email protected]> wrote:
    > > [email protected] (Miguel Cruz) writes:
    > >> Incidentally, what happens if my little country decides to mint coins
that
    > >> exactly match, say, the UK pound?
    > >
    > > By matching the UK pound I assume you mean matching its face value.
    > Nope, I mean its appearance. Or at least characteristics as measured by
    > vending machines.

When the euro was first introduced the Thai 10 baht coin could be used in
*some* machines as a 2 euro coin. The machines were made more sensitive and
the last 20 times I have tried :-) it doesn't work anylonger.

Sjoerd
 
Old Sep 19th 2003, 5:28 am
  #120  
Hatunen
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Default Re: What's the equivalent of a Euro "cent"?

On Fri, 19 Sep 2003 19:23:57 +0100, Padraig Breathnach
<[email protected]> wrote:

    >Hatunen <[email protected]> wrote:
    >>On Fri, 19 Sep 2003 07:47:49 +0200, "Sjoerd"
    >><[email protected]> wrote:
    >>>"Hatunen" <[email protected]> schreef in bericht
    >>>news:[email protected]...
    >>>> I have been asking for governmental sources, i.e., the law. I'm
    >>>> not sure why you are so willing to dismiss them so lightly, when
    >>>> the question at hand is one of the law in given jurisdictions. In
    >>>> fact, the question was of EU law.
    >>>I don't think there is EU law on this. You need to refer to national laws.
    >>>For instance article 11 book 6 of the Burgerlijk Wetboek in the Netherlands.
    >>It would be interesting and informative to have you post that,
    >>especially translated into English.
    >Why? You'll probably refuse to believe it. Most likely in the
    >ill-mannered way of somebody who asks for something without saying
    >please.

I have not refused to believe a single quote from a law or
regulation, nor from a central bank.

You have this peculiar notion that the legal validity of an
action need not be covered by a law.

************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
 


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