Matawan, NJ asked in Contracts for Maryland

Q: If monetary units are not defined, then is money owed? For instance, 3000/month is not the same as $3000/month.

If monetary units are not defined, then is money owed? For instance, 3000/month is not the same as $3000/month, as the monetary unit, dollars, is not explicit. Also this is a "contract" exchanged via SMS. Lastly this contract includes the terms, "adjustable based on experience"; this makes it so the amount can be adjusted to 0 at any time. How valid is this?

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1 Lawyer Answer
Cedulie Renee Laumann
Cedulie Renee Laumann
Answered
  • Crownsville, MD
  • Licensed in Maryland

A: The law may insert common sense at points. For instance, a payment amount in the US is likely presumed to be U.S. Dollars, even if not express.

Some terms may be too vague to be definitely and in some cases may be simply an "agreement to agree."

If you have specific questions about contract interpretation for a particular contract you may wish to consult with an attorney.

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