Define and compare the terms "vagueness" and "ambiguity."
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Vagueness occurs when the parties do not want the contract to be clear. They want to keep their options open, so they don't clearly define some terms.
Ambiguity is different --- it means that the provision is accidentally unclear. It occurs in contracts when the parties think only about what they want a provision to mean, without considering the literal meaning or the other side's perspective. Any ambiguity is interpreted against the drafter of the contract.
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