A man can make perfect counterfeit bills. They look exactly like real ones, they’re made of exactly the same materials, made the same way, everything. So perfect, one could pretty much call them real bills. One day he successfully makes a perfect copy of another bill. However, he gets caught when he tries to use the copy. How is this possible?
As a counterfeiter, he had lots of counterfeit bills around and he accidentally used one of them as his original. So he made a perfect copy of a counterfeit bill.
A murderer is condemned to death. He has to choose between three rooms. The first is full of raging fires, the second is full of assassins with loaded guns, and the third is full of lions that haven’t eaten in 3 months.
Which room should he choose to have the best chance of staying alive?
Early one morning Hal, the owner of a hardware store, sells a mailbox for $25 to Courtney that cost him $20 wholesale. Courtney pays with a $100 bill and Hal discovers he doesn’t have enough change. He runs to the jewelry shop next door, where Jack, the owner, gives him change in exchange for the $100. Later that afternoon, Jack discovers the $100 bill is a counterfeit and Hal pays him $100 to make it right.
The total loss was $95. -$20 = The wholesale cost of the mailbox $100 = The money from Jack -$75 = The change paid to Courtney -$100 = To pay Jack back -$20 + $100 – $75 – $100 = -$95
It’s easy to think Hal lost $195 but that fails to account for the $100 used to make the change, which came from Jack, not Hal. Jack paid $100 in exchange for a worthless piece of paper, so the $100 was initially Jack’s loss. Hal had made a $5 profit until Jack’s discovery. If you guessed $100, that’s arguably correct, but not making $5 in profit isn’t a loss in the strictest sense of the word.
Ronald has a rare opportunity to meet the President of the United States. During his visit the president gives him a gift but tells Ronald he is never to sell it unless he sees the president again. Ronald consents, but the president dies later that year. Years later a man offers to buy the President’s gift for $1000. Ronald agrees and exchanges the gift for 20 crisp $50 bills. Did he keep his promise?
Yes. The president was Ulysses S. Grant, who died in 1885 and whose face has been on the $50 bill since 1913. He saw the president on the bills before he made the exchange.