Ambiguities in contracts are always interpreted in favor of the party who wrote the contract, since he or she is the one who knows what the provision is supposed to mean. Group of answer choices True False

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18-07-2022
Business

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Ambiguities in contracts are always interpreted in favor of the party who wrote the contract, since he or she is the one who knows what the provision is supposed to mean. Group of answer choices True False

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tutorconsortium31 tutorconsortium31 · Answer 1 · 2022-07-24T15:25:55+02:00

Ambiguities in contracts are not always interpreted in favor of the party who wrote the contract, since he or she is the one who knows what the provision is supposed to mean. So this is False

Typos are almost always detrimental to the validity of a contract because they cause the contract to not reflect the true agreement of the parties.

What is Ambiguities in contracts ?

"A contract or a provision in a contract is ambiguous if it is reasonably susceptible to more than one interpretation or construction."

In other words, if both parties' interpretation is reasonable given the written language of the agreement, the contract may be ambiguous.

When interpreting a contract, a court looks to plain language of the written agreement, without reference to outside sources.

Learn more about Ambiguities in contracts here:

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