Course of Dealing

Course of dealing refers to the history of interactions and practices between parties in a commercial relationship. It highlights how they have conducted their transactions over time, helping to establish expectations for future dealings. For example, if two companies consistently agree to late payment terms, this pattern can influence their future agreements, even if not formally documented. In legal contexts, understanding the course of dealing can clarify intentions and obligations when disputes arise, emphasizing how ongoing practices shape the interpretation of contracts.