If Words and Numbers Contradict Each Other in a Contract

question 42

True/False

If words and numbers contradict each other in a contract, the rule of construction favors the words.

---

Definitions:

Labor-intensive Products

Goods that require a relatively high amount of labor to produce, compared to the amount of capital required.

Gini Coefficient

A measure of income inequality within a population, ranging from 0 for perfect equality, to 1 for maximal inequality.

Developing Nations

Countries with a lower living standard, underdeveloped industrial base, and low Human Development Index relative to other countries.

Wealthy

Having a substantial amount of money, resources, or assets; rich.