Forms of payment

1 In regard to payment of interest or usury, the substance of payment could be coins of gold or silver, part of a crop, some cattle, or possibly a combination of these and other tangible things of acknowledged worth.

2 If the amount and substance of payment of usury had been agreed to as two colts, but on the day before payment was to be made both colts die, the lender is morally and legally obligated, under the laws of Moses and of common sense, to accept payment in another substance or waive his claim to payment.

3 Today, alternative forms of payment are often determined in courts.

4 Business disputes are resolved in civil proceedings by judge’s or juries who in their determination of fairness and equitability, may award money, real property, or other things of worth in lieu of whatever substance might have been agreed upon.

5 Alternate forms of payment are just, because the law does not require or compel impossibilities.

6 May the grace of our Lord Jesus Christ be with you all. Amen.