One Approach That the Courts Adopt to Interpret the Provisions

question 21

Multiple Choice

One approach that the courts adopt to interpret the provisions of contracts is to determine the most reasonable interpretation of express terms. Where this cannot be done, the second approach

• A) is to ask the parties if there is an implied term in the contract.
• B) involves the determination of the most widely held understanding of the provision.
• C) is to determine whether the intention of the parties can be achieved only by acknowledging the existence of an implied term.
• D) is to request that a jury determine which interpretation is in accord with societal standards.
• E) is to make a contract for the parties.

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Definitions:

Lean Manufacturing

A systematic method for waste minimization within manufacturing systems without sacrificing productivity.

Zero Defects

A management philosophy aiming at reducing and ideally eliminating defects and errors in manufacturing and service processes.

Quality

The degree to which a product or service meets or exceeds customer expectations.

Lean Environment

A management philosophy focusing on reducing waste and improving efficiency in the production process, often resulting in cost savings and higher quality products.