Ambiguities in Contracts Are Always Interpreted in Favor of the Party

question 17

True/False

Ambiguities in contracts are always interpreted in favor of the party who wrote the contract,since he or she is the one who knows what the provision is supposed to mean.

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Definitions:

Time-and-a-half

This refers to a pay rate that is one and a half times the regular rate, typically paid for overtime or hours worked beyond the standard workweek.

Hourly Wage Rate

The amount of money paid for each hour of work performed by an employee.

Unemployment Tax

A tax that employers pay to the government to fund unemployment benefits for workers who lose their jobs.

Social Security Tax

A tax that funds the United States' Social Security program, collected from both employees and employers.