This topic contains a solution. Click here to go to the answer

Author Question: Define and compare the terms vagueness and ambiguity.[br][br][b][color=#9E3EA8]Question ... (Read 52 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
Define and compare the terms vagueness and ambiguity.

Question 2

Compare and contrast the perspectives of a lawyer and a business client when approaching the negotiation of a contract.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

princessflame2016

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1


Vagueness occurs when the parties do not want the contract to be clear. They want to keep their options open, so they don't clearly define some terms.

Ambiguity is different --- it means that the provision is accidentally unclear. It occurs in contracts when the parties think only about what they want a provision to mean, without considering the literal meaning or the other side's perspective. Any ambiguity is interpreted against the drafter of the contract.



Answer to Question 2

Businesspeople are optimists - they believe they have negotiated a great deal and everything is going to go well - sales will boom, the company will prosper. Lawyers have a different perspective - their primary goal is to protect their clients by avoiding litigation, now and in the future. For this reason, lawyers are trained to be pessimists - they try to foresee and protect against everything that can possibly go wrong. Businesspeople sometimes view this lawyering as a waste of time and a potential deal-killer.




nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 24, 2018
Gracias!


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library