Which Statement Is True About Definitions in a Contract

question 36

Multiple Choice

Which statement is true about definitions in a contract?

• A) All ambiguous terms must be defined.
• B) Definitions must be grouped together in a separate section of the contract.
• C) Definitions must be located on the same page where the term is first used.
• D) The parties to the contract may be defined with shorter designations than their actual names.

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Definitions:

Founding Of Georgia

The establishment of the U.S. state of Georgia in 1732, the last of the original Thirteen Colonies, founded by James Oglethorpe as a debtor's colony.

British Debtors

refers to individuals in Britain or its colonies who owed debts, often leading to their imprisonment or transportation to penal colonies before modern bankruptcy laws were established.

Prison Terms

The specified lengths of time during which an individual is required to be incarcerated following a criminal conviction.

Slave Resistances

Acts of defiance or rebellion by enslaved people against their conditions and slaveholders, ranging from work slowdowns to armed uprisings.