Which of the Following Is NOT True of the Contra

question 34

Multiple Choice

Which of the following is NOT true of the contra proferentum rule?

• A) It attributes to a term the meaning least favourable to its author.
• B) It is a rule of contractual interpretation.
• C) It provides an incentive for the author of a term to draft it in clear and unambiguous language.
• D) It is always the best means of resolving an ambiguous term.
• E) none of the above statements are true.

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Definitions:

Mission Statement

A formal summary of the aims and values of a company, organization, or individual.

Charter

A formal document granting rights, privileges, or authority, often used to establish and outline the operations of organizations, corporations, and cities.

Core Values Statement

A declaration that outlines the essential beliefs and guiding principles of an organization.

Business Plan

A detailed document outlining the objectives, strategies, financial projections, and operational guidelines for a new or existing business.