Answered step by step
Verified Expert Solution
Question
1 Approved Answer
business law Langston has a written contract with Elite University which contains a provision that states it will be effective for a year with his
business law Langston has a written contract with Elite University which contains a provision that states it will be effective for a "year" with his monthly compensation set at $10,000. Langston, a plaintiff in a lawsuit against the university, claims that a "year" is obviously 12 months. Elite University claims that the contract meant a 10-month school year. In this case: the term "Year" is ambiguous, and the parties can bring in parol evidence to clarify their intent parol evidence cannot be used to explain the term, because it is in an integrated document parol evidence cannot be used, because the parties to the contract screwed up by failing to define "year" parol evidence cannot be used to explain the term, because the plain meaning of a "year" is 12 months
business law
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started