Words or Terms in Contracts That Are Subject to More

question 43

True/False

Words or terms in contracts that are subject to more than one reasonable interpretation can lead to bilateral mistakes.​

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Definitions:

Values

Core beliefs or standards that guide and motivate attitudes and actions in individuals and groups.

Beliefs

Individuals’ acceptance that certain statements are true or that something exists, often forming the basis of their actions and decisions.

Attitudes

A settled way of thinking or feeling about something, which can significantly influence individuals' behavior and perceptions.

Ethnohistory

The study of cultures and indigenous peoples' histories through a blend of historical and anthropological approaches, focusing on written records and oral traditions.