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APGO Exam

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Question:

1. Contract intent vs literal interpretation – Intent overrides literal 2. Contra Proferentem – if contract is not clear, interpretation favor those who didn’t write it 3. Agency and Authority – the professional is given authority by company to guide 3 party contractors 4. Indemnity – one party agrees to bear damages for another party, eg insurance 5. Paral Evidence Rule – law that states any info that is not on a contract has been omitted for a reason and prohibited as evidence, if wanted to be included the contract must be amended

Author: Exciteful Sparrow



Answer:

What are 5 contract definitions?


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