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It is technically impossible to transfer a debt...There are good sides of the bank system too...
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how is it impossible, it is after all just a number (however negative)
and as I have had a negative balance transferred between banks I would have to disagree
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I'm working (from the code side) with bank transfers and the APIs I know of do not accept negative numbers...You are always pass in positive numbers, only the direction may change...
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then it has changed as I used to work in finance and it used to accept negatives.
however I guess you could do it with a zero balance and then a withdrawal
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I understand from Nagy that there still options of negative - I just weren't in that part of the town
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think of this way, if I owe £1 billion but pay off the interest on time then this is a big earner for the financial institution, so big that others will try and get me to move to them, this is why if I owe billions I can get a better interest rate than if I only owe a few 100
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Technically right, but there's a $50,000 fee for that
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Not true in the least, if the creditor is in agreement, then it is very straight forward to transfer a liability. In the case of a creditor being unwilling to allow a third party to take on the debt there are still ways around it.
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This is kind of thing I never met while working online - my work involves payments of students to school, school to student/teacher...You probably are talking about some more complicated business actions...
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Not at all, even with simple retail banking you can have someone take on your debts. It is quite common in finance [and sneekily expensive] to consolidate all your debts. The new lender becomes the debtor for the original debt and takes on all the liabilities therein, you then get a liability to them.
In a much simpler scenario, kid goes FUBAR with the credit card and Dad steps in, again, and takes on the liability by paying it. In this scenario, there is no legal transfer of liability because the original debt has been cleared, however Dad may well hold a nominal liability to the child as in "Dad, can I get a new phone?", "Straight after you pay me the £5k you cost me!"
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You are taking about something else...It isn't transferring an amount of money with a negative sign, but take over the responsibility of a debt - I wasn't talking of such complicated thing, I merely asked devenv.exe to pass the money to me - he does not understand it anyway...
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Every transaction is transfer of liability. The money in your bank account is a debt [the bank owes you], so when you pay in money, you are giving them a debt [negative value]
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Err no it isn't. This is how debt collection companies work in a lot of cases.
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No programming questions in the lounge!!! no homework!!! ... erm... ok...
After the first shock, I think something like:
class Program
{
static void Main(string[] args)
{
Console.WriteLine("42");
}
}
would do it...
PS: Never before I've written something in C#...
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Hey, Now you are a C# developer too!
Welcome to the club, and well done!
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Thank you! I'll try to opt for a MVP and to win any of the contests here... I firmly believe this code will open me doors...
Just in case, can I give any possible employer your reference?
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Haha, no problem.
I can confidently tell them that you have the answer to life and the universe. In C# no less!
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Thanks for all the fish!
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devenv.exe wrote: C# code snippet that shows/explains how money is useless
System.Console.WriteLine("how money is useless");
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devenv.exe wrote: If you had to write a C# code snippet that shows/explains how money is useless, what would it be?
Open source
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Would it be free as in free beer, or free as in freedom?
One must know!
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Free as in Willy
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What have you tried so far ?
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public string money_is_useless = "Can't Buy Me Love";
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