Terms of a contract + Contractual interpretation Flashcards
1
Q
terms definition
A
defines the rights and liabilities under a contract
2
Q
what does a breach of terms do?
A
a term breached gives remedies
3
Q
Approaches and rules to contractual interpretation
A
Simmons rule: the actual intention of parties such as in negotiations is irrelevant, the focus is only on what the parties agreed upon
4
Q
A
