Ambiguities in contracts are always interpreted in favor of the side that wrote the contract, since they are the ones who know what the provision is supposed to mean
Indicate whether the statement is true or false
False
You might also like to view...
The ending inventory of a company was $552,000 as per the perpetual inventory records. The current replacement cost for the ending inventory is $547,000. Prepare the journal entry to adjust inventory. Omit explanation.
What will be an ideal response?
In mediation, what is the phenomenon known as ripeness?
What will be an ideal response?
Which of the following statements about business gratuities is accurate?
a. Rules involving business gratuities are rarely included in codes of conduct. b. They are essentially the same thing as bribes. c. They can only be received by customers from suppliers. d. They can be given from suppliers to customers.
What is the term used to describe the edict that can be issued by health and safety inspectors requiring an activity to be stopped immediately if it is felt to create an imminent danger to health or safety:
a. prohibition notice b. forbidding notice c. verboten notice d. notice of cessation