Which of the Following Approaches to Contractual Interpretation Will ONLY

question 40

Multiple Choice

Which of the following approaches to contractual interpretation will ONLY SOMETIMES give words their plain, ordinary meaning?

• A) the contextual approach
• B) the golden rule
• C) the contra proferentum rule
• D) the literal approach
• E) none of the above

---

Definitions:

Income Tax

A tax levied by a government directly on personal, or organizational income.

Double Taxation

The levying of tax by two different authorities on the same income, asset, or financial transaction.

Saving Rate

The percentage of take-home pay that is set aside for savings instead of being used for consumer spending.

Economic Growth

A rise in the economy's inflation-adjusted value of produced goods and services over time.