How do you know exactly what is included in your contract, and what is not? If your company enters into a contract to supply services, for example, the contract will include a provision for when and how you will be paid. What happens, though, if that provision, as it often…
The rules of contract interpretation are best learned from seeing how they are applied. To use them, successfully, is to know them. In our last article, we discussed some of the basic rules. We will now see how one of them, giving the words of the contract their plain and…
What does your contract actually mean? You know what it says. You know what you meant when you signed the contract and committed your business to it. You thought it was clear and unambiguous. What do you do when the other party claims you breached the contract and wants damages? …