\n(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.\n(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:\n(1) Regularly used between the parties as a matter of usage or course of dealing;\n(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\n(3) In which the loss was ultimately felt or will be incurred by the party claimant. (1995, c. 213, s. 1.)
North Carolina Legal Code