Commercial Law - Local Factory Charging in USD?

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David m

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30 March 2016
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Hi,

Can a local factory charge a local distributor in USD for his products under Commercial Law?

Thanks
 

Rod

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27 May 2014
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If both parties willingly agree to this, then the answer is yes. Assumes the paying party can pay in AUD, just the amount is related back to US$ as of a particular nominated date.

Issues will arise however if there is a change to an existing contract/agreement. Can't tell from your post if other circumstances come into play.
 

Tim W

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28 April 2014
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As a general thing, the buyer needs to be reasonably able to work out what the price is.
That's as far as the law goes.
Contrary to what you might see on American television,
in Australia, there's no requirement to use any one currency ahead of any other.