Del. Code tit. 10 § 5204

Current through 2024 Legislative Session Act Chapter 510
Section 5204 - Determining money of the claim
(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.

10 Del. C. § 5204

71 Del. Laws, c. 148, § 1.;