Current as of January 01, 2019 | Updated by FindLaw Staff
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(a) 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.
(b) 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:
(1) Regularly used between the parties as a matter of usage or course of dealing;
(2) 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
(3) In which the loss was ultimately felt or will be incurred by the party claimant.
Cite this article: FindLaw.com - Delaware Code Title 10. Courts and Judicial Procedure § 5204. Determining money of the claim - last updated January 01, 2019 | https://codes.findlaw.com/de/title-10-courts-and-judicial-procedure/de-code-sect-10-5204/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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