A Conversation for Ask h2g2

Cash value = 0.001p

Post 1

Dr E Vibenstein (You know it is, it really is.)

Why do money-off vouchers always include the phrase "Cash value = 0.001p" in the small print?

Can I take my voucher somewhere and demand 0.001p in exchange? Or could I save up 1000 of them and take them somewhere to exchange them for 1p?


Cash value = 0.001p

Post 2

prinsesse

i am almost positive that you may collect 1000 of them and exchange them for 1p.....in the usa they say "cash value 1/100 cent" sometimes they change it to 2/100 or 3/100. but same idea.


Cash value = 0.001p

Post 3

Happy Ent

In Germany You mustn't force someone to buy something to get the bargain of a free voucher.
So they have to give You something even if You don't want to buy anything from them. So they say: If You buy something from us You'll get 10% off, if not You get the Value of the voucher payed. I think something like this might be the case with your country too and so they have set the value of the voucher to 0,001 p.


Cash value = 0.001p

Post 4

prinsesse

yes that is the way it works here too, but we cal them cupons, and they never give a percent off, just an amount of money off of a particular size of a particular brand of a particular product, and the cupons must be collected and redeemed before the expiration date in order to recive the money.

some thimes certain stores will have double or tripple cupon sales, where they double/tripple the value of the cupon. If this happens and i have a cupon for 25 cents off an item like a candy bar that costs 50 cents....
double cupon- candy bar is free is free
tripple cupon, candy bar is free, and store pays me 25 cents

(i have only had this happen about 10 times)


Cash value = 0.001p

Post 5

Red Petals

This is a legal thing and thus it must have a monetary value, I can't remember the exact reason why as I study this over 10 years ago.
Anyone out there that can shed light on this, could be Sales of Goods but not sure!

R :o)


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