Which of the Following Statements About "Usage" Is False When

question 83

Multiple Choice

Which of the following statements about "usage" is false when courts interpret contracts?

• A)"Usage" refers to past actions by the parties in previous transactions that demonstrate what the parties mean when they use specific language in their agreements.
• B)If both parties to the contract are members of a trade,profession,or community in which certain words are commonly given a particular meaning,courts will presume that the parties intended the meaning that the usage gives to the terms they use.
• C)If the court finds that a certain practice is a matter of common usage in the parties' trade,it will assume that the parties intended to include that practice in their agreement.
• D)If contracting parties are members of the same trade,business,or community but do not intend to be bound by usage,they should specifically say so in their agreement.

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Definitions:

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