On 02/02/2011 11:23, Michael Sokolov wrote:
Warner Losh<[email protected]> wrote:
If I have 180 days to pay a loan, I have to pay it by a certain time,
UTC, on the 180th day or I'm in default. In this definition, the earth
enters into it only to the extent that UTC varies from 86400s days
during that interval. This might mean that it will be a little more or
a little less than 180 solar days.
That's assuming that the loan agreement was signed in a jurisdiction
that uses UTC as the basis of its legal time. But what if it was in a
jurisdiction that uses mean solar time instead? I know, I know, you and
PHK will argue that it may be MST on paper but UTC in practice, but if
the stakes are high enough and some bad-ass lawyers get involved to
pursue it through the courts, the outcome is far from certain.
I live in the US, so there's absolutely no ambiguity.
Warner
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