Compare and contrast the golden rule of interpretation and the contra proferentem rule. How do these different
Question:
Compare and contrast the “golden rule” of interpretation and the contra proferentem rule. How do these different rules generate varying approaches to contract interpretation?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
The golden rule dictates that words be given their plain ordinary meaning unless doing so would resu...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0133847154
5th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
Question Posted:
Students also viewed these Business questions
-
State and explain the contra proferentem rule.
-
Compare and contrast the four work measurement techniques.
-
Compare and contrast the terms stockholder and stakeholder.
-
In Figure, a square of edge length 20.0 cm is formed by four spheres of masses m1 = 5.00 g, m2 = 3.00 g, m3 = 1.00 g, and m4 = 5.00 g. In unit-vector notation, what is the net gravitational force...
-
A city included the schedule above in its financial statements. 1. Prepare entries to reflect the activity relating to improvements and equipment in both the general-fund and the government-wide...
-
Explain the need for each of the actions in Figure 6-29(b). Actions When Child Is Required Child Required Action on Parent Get a child. Prohibit. Update the foreign key of (at least one) child....
-
Give a proof of Theorem 5.3.
-
On December 31, 2007 the Robey Company accumulated the following information for 2007 in regard to its defined benefit pension plan: Service cost ................$105,000 Interest cost on projected...
-
Five Measures of Solvency or Profitability The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following: Bonds payable, 9% $1,200,000 Preferred $10 stock, $50 par...
-
In this chapter, we noted that successful economies are more likely to have many failing firms. If a nations government instead made it impossible for inefficient firms to fail by giving them loans,...
-
What is the business reality that leads the court (or legislation) to recognize implied terms in a contract? When will a court find that a contract contains an implied term? When will a court be...
-
When might you prefer that the court take a literal rather than contextual approach to contractual interpretation? When might you prefer a contextual approach?
-
Why do payroll processes result in sensitive information, and what is the sensitive information?
-
In 2024, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2026. Information related to the contract is...
-
Briefly describe the case you have chosen. Categorize the social worker's experience as vicarious trauma, compassion fatigue, or burnout. Provide justification. Identify the social worker's score on...
-
Given f(x) below, find f'(x). f(x) = = m 5z In (2) et dt
-
Olsen & Alain, CPAs (O&A) performed the audit of Rocky Point Brewery (RPB), a public company in 20X1 and 20X2. In 20X2, O&A also performed tax services for the company. Which statement best describes...
-
Exercise 9-4 (Algo) Prepare a Flexible Budget Performance Report [LO9-4] Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in...
-
The for loop is this type of loop. a. Pretest b. Posttest c. Prefix d. Postfix
-
Following is the current balance sheet for a local partnership of doctors: The following questions represent independent situations: a. E is going to invest enough money in this partnership to...
-
See Martin Manufacturing. Immediately after being fired by Martin Manufacturing (see problem case 2), Mitch decided to squeeze one last bit of profit from his relationship with Martin. Thus, he...
-
John Decina contracted with H.A. Smith Lumber & Hardware to buy materials for Decina Corporation. When John Decina completed the credit application with Smith Lumber, he wrote the type of ownership...
-
Paychex provided direct deposit payroll services for Ophthalmic Surgeons (OSL). Carleen Connor handled payroll for OSL and was its office manager. For a period of six years, Connor provided Paychex...
-
QUESTION 3 A business owns seven flats rented out to staff at R500 per month. All flats were tenanted Ist january 21 months rent was in arrears and as at 31st December 14 months' rent wa Identify the...
-
1. 2. 3. Select the Tables sheet, select cells A6:B10, and create range names using the Create from Selection button [Formulas tab, Defined Names group]. Select cells B1:F2 and click the Name box....
-
Tropical Rainwear issues 3,000 shares of its $18 par value preferred stock for cash at $20 per share. Record the issuance of the preferred shares. (If no entry is required for a particular...
Study smarter with the SolutionInn App