How Do Courts Generally Rule in Cases Involving Ambiguous Contract

question 15

Multiple Choice

How do courts generally rule in cases involving ambiguous contract language that makes it unclear what is being assigned or delegated?

• A)When ambiguous language is used,the court usually considers the assignment to be of both rights and duties.
• B)When ambiguous language is used,the court usually considers the assignment to be of rights but not duties.
• C)When ambiguous language is used,the court usually considers the assignment to be of duties but not rights.
• D)When ambiguous language is used,the court usually considers the assignment to be void.
• E)When ambiguous language is used,the court usually considers the assignment to be voidable.

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Definitions:

Joint Goal

A shared objective or aim that is pursued by two or more parties in collaboration or partnership.

Diversification Benefits

The reductions in risk achieved by spreading investments across various assets, sectors, or markets to minimize the impact of any single investment's performance.

Revenue Enhancement

Strategies or activities aimed at increasing the total revenue of a company, often through marketing, pricing adjustments, and expansion into new markets.

Cost Reductions

Measures implemented by a company to decrease its expenses and improve profitability.