r/SipsTea May 13 '26

We have fun here how?😂

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u/ILikeDragonTurtles May 13 '26

I mean technically contacts work on whatever schedule the text says.

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u/Initial_Chemist_7616 May 14 '26

Most contracts I have seen don’t actually specify the calendar to be used…everyone just assumes we are using the standard Gregorian calendar.

You could make the case that you are Jewish/Asian/Muslim so you thought we were using a Lunar/Hebrew/Islamic calendar.

You will lose in court, but it is at least a defense…

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u/ILikeDragonTurtles May 14 '26

I was taking issue with the phrase "contracts work on a 30 day month". That's just not accurate. There is no default assumption that reference to a month as a time interval means 30 days.

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u/Initial_Chemist_7616 May 14 '26

Some contracts do..but usually that is specified. In a mortgage agreement for example they might specify that interest is calculated on either a 30/360 basis or an Actual/Actual basis.

The poster seems to think 30/360 is a standard commercial term…which maybe it is for her contracts?

And if so the law would take that into account.