Asked by Breana Gordon on Jun 19, 2024
Verified
Because contracting parties presumably know best what they meant by their words, the course of performance under their agreement is the best indication of what they meant.
Course Of Performance
The conduct that occurs under the terms of a particular agreement. Such conduct indicates what the parties to an agreement intended it to mean.
Contracting Parties
Contracting parties are the individuals or entities who enter into a contract, mutually agreeing to its terms and obligations.
- Comprehend the Uniform Commercial Code's provisions on contract formation, including the elements of offer, acceptance, and consideration.
Verified Answer
MS
Madeline SanchezJun 26, 2024
Final Answer :
True
Explanation :
The course of performance refers to how the parties have actually conducted themselves under the terms of the agreement. This real-world application of the contract terms can provide clear evidence of what the parties intended those terms to mean, as it reflects their mutual understanding and interpretation through action.
Learning Objectives
- Comprehend the Uniform Commercial Code's provisions on contract formation, including the elements of offer, acceptance, and consideration.
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