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- Gold_clause abstract "Gold clauses specified within business contracts allow the creditor the option to receive payment in gold or gold equivalent. A gold clause may prove valuable to the creditor in long term contracts, wherein questions may arise as to whether a currency in use at the time the contract was entered into would still have the same value when payment is due. Creditor concerns in respect to inflation, war, changes in government, and any other uncertainty about the future value of currency would be common reasons for adopting a gold clause within a contract.These clauses were common at the beginning of the 20th century. However, their use in the United States was invalidated by the Gold Reserve Act of 1934. Congress later reinstated their use for obligations (new contracts) issued after October 1977 in accordance with 31 U.S.C. § 5118(d)(2).On August 27, 2008, the United States Court of Appeals for the Sixth Circuit affirmed the enforceability of such clauses in the decision Jamaica Avenue, LLC vs S&R Playhouse Realty Co..".
- Gold_clause wikiPageID "19865962".
- Gold_clause wikiPageLength "1796".
- Gold_clause wikiPageOutDegree "11".
- Gold_clause wikiPageRevisionID "558704384".
- Gold_clause wikiPageWikiLink Category:Contract_clauses.
- Gold_clause wikiPageWikiLink Category:Gold.
- Gold_clause wikiPageWikiLink Contract.
- Gold_clause wikiPageWikiLink Creditor.
- Gold_clause wikiPageWikiLink Escalator_clause.
- Gold_clause wikiPageWikiLink Gold_Clause_Cases.
- Gold_clause wikiPageWikiLink Gold_Reserve_Act.
- Gold_clause wikiPageWikiLink Inflation.
- Gold_clause wikiPageWikiLink United_States.
- Gold_clause wikiPageWikiLink United_States_Court_of_Appeals_for_the_Sixth_Circuit.
- Gold_clause wikiPageWikiLink War.
- Gold_clause wikiPageWikiLinkText "Gold clause".
- Gold_clause wikiPageWikiLinkText "gold clause".
- Gold_clause wikiPageUsesTemplate Template:Citation_needed.
- Gold_clause wikiPageUsesTemplate Template:Reflist.
- Gold_clause wikiPageUsesTemplate Template:UnitedStatesCode.
- Gold_clause subject Category:Contract_clauses.
- Gold_clause subject Category:Gold.
- Gold_clause type Element.
- Gold_clause type Redirect.
- Gold_clause type Term.
- Gold_clause comment "Gold clauses specified within business contracts allow the creditor the option to receive payment in gold or gold equivalent. A gold clause may prove valuable to the creditor in long term contracts, wherein questions may arise as to whether a currency in use at the time the contract was entered into would still have the same value when payment is due.".
- Gold_clause label "Gold clause".
- Gold_clause sameAs Q17018003.
- Gold_clause sameAs Cláusula_Ouro.
- Gold_clause sameAs m.04q7446.
- Gold_clause sameAs Q17018003.
- Gold_clause wasDerivedFrom Gold_clause?oldid=558704384.
- Gold_clause isPrimaryTopicOf Gold_clause.