Contract Law Basics文档.pptVIP

VIII. Contract Interpretation Some principles of contract construction 1. Purpose of the parties. Make it clear what the purpose of the contract is, and the purpose the parties intended to effect. ? 2. The contract should be construed as a whole. Courts favor interpretations that make sense when the contract is viewed as a whole. ? 3. The contract speaks for itself”. This traditional view considers that the contract says what it means, not what the parties say it means. A more modern view is: ? 4. The contract should be viewed in context.” The contract is part of the entire si