Asked by Alycia Eskew on May 05, 2024
Verified
According to the ________,whenever an ambiguous term,clause,or line is found in a prewritten contract,that ambiguity is interpreted against the party who wrote the contract.
A) standard construction rule
B) parol evidence rule
C) best evidence rule
D) equal dignities rule
Standard Construction Rule
In legal interpretation, this rule dictates that ambiguous contract terms should be construed against the drafter.
Prewritten Contract
A standardized legal document with set terms and language used in similar transactions, which is not specifically tailored to the needs of the parties involved in a particular deal.
- Identify the fundamental concept of the standard construction rule and the methods courts use to interpret contracts.
Verified Answer
SS
Shifa SohailMay 12, 2024
Final Answer :
A
Explanation :
This rule is known as the contra proferentem rule or "against the offeror" rule, which means that any ambiguity in the contract will be resolved in favor of the party who did not write the contract. This ensures that the party with stronger bargaining power cannot use ambiguous language to take advantage of the other party.
Learning Objectives
- Identify the fundamental concept of the standard construction rule and the methods courts use to interpret contracts.
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