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Currency

Currency

Regular price $5.00

This precedent has been authored by Dr. Gordon Hughes, Principal, Davies Collison Cave Law.

Introductory note

Particularly in an agreement involving — or potentially involving — an international transaction, it is important to remove any ambiguity as to which currency is referred to in the pricing. Confusion can arise especially where reference is made to “$” or “dollars” in an agreement between, for example, an Australian party and a US party.