4 ms·
The inconsistent-edits problem is a real one; failure to follow D.R.Y. cost a Dallas lender $693K because a guaranteed repayment amount was written as "one mill
by dctoedt 4y ago
The inconsistent-edits problem is a real one; failure to follow D.R.Y. cost a Dallas lender $693K because a guaranteed repayment amount was written as "one million seven thousand dollars ($1,700,000)" and words take precedence over numbers, so the lender was repaid $1.07 million and not $1.7 million.
In another example, the agreed deadline for a party to cure a breach of contract was written as "fifteen (30) days"; the breaching party cured before day 30 but after day 15 — which was too late, because the other party had already terminated the contract, and the court agreed that words take precedence over numbers.
So D.R.Y. is a sound guideline to follow in contracts (within limits; it's not an absolute, ironclad rule).
More: https://toedtclassnotes.site44.com/Notes-on-Contract-Drafting-2021-01-22.html#dont-repeat https://toedtclassnotes.site44.com/Notes-on-Contract-Draftin...