§ 6.44.040. Determining money of the claim
(1) The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment.
(2) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money:
(a) Regularly used between the parties as a matter of usage or course of dealing;
(b) Used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or
(c) In which the loss was ultimately felt or will be incurred by the party claimant.
[1991 c 153 § 4.]
Sections: Previous 6.44.010 6.44.020 6.44.030 6.44.040 6.44.050 6.44.060 6.44.070 6.44.080 6.44.090 6.44.100 6.44.110 6.44.120 6.44.130 6.44.140 6.44.901 NextLast modified: April 7, 2009