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Part II The Private Law of Monetary Obligations, 7 The Performance of Monetary Obligations

Charles Proctor, Dr Caroline Kleiner, Dr Florian Mohs

From: Mann on the Legal Aspect of Money (7th Edition)

Charles Proctor

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2022. All Rights Reserved.date: 04 December 2022

Performance of monetary obligations — Nominalism — Sterling — Debt — Set-off
7.01 Chapters 5 and 6 dealt with the interpretation of monetary obligations, and the difficulties which could arise if the money of account was uncertain at the time of the contract or became uncertain as a result of subsequent events. In some respects, those chapters were coloured by the application of Article 12(1)(a) of Rome I, at least in so far as obligations of a cross-border character were concerned. At the same time, those chapters considered such rules of municipal law as fell to be applied following the identification of the governing law. 7.02 In...
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