Rules of Court Interpreting Contracts

The video tutorial discusses the enforcement and performance of contracts, focusing on disputes that arise when parties disagree on contract terms. It explains how most disputes are resolved through negotiation, mediation, or arbitration, but may lead to litigation if unresolved. The court's role in interpreting contracts is highlighted, with emphasis on rules like common word usage, trade usage, and the priority of handwritten terms. The video also covers how ambiguities are interpreted against the drafting party, ensuring fairness in contract interpretation.

What is the significance of trade usage in contract interpretation?

How does the court handle ambiguities in a contract drafted by one party?