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 85 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
Thanks for the timely response, appreciate it


CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library