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Part VI Construction of Contract, 26 Interpretation and Supplementation

From: Global Sales and Contract Law (2nd Edition)

Ingeborg Schwenzer, Edgardo Muñoz

Content type:
Book content
Product:
International Commercial Law [ICML]
Published in print:
14 June 2022
ISBN:
9780198871255

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 30 May 2023

Subject(s):
Interpretation of contract

This chapter explicates interpretation and supplementation. It clarifies how it does not encompass the interpretation of the statutory law. The sources for rules on interpretation and supplementation differ among legal systems. Additionally, both uniform law and projects contain provisions on interpretation at the international level. The chapter highlights the importance of the contract’s wording. It cites the possible approaches of interpretations: subjective, objective, and uniform approaches. All legal systems agree that there is no right and no duty for adjudicators to rewrite a contract. The chapter then clarifies how the interpretation of statements should not be mixed with the subsequent modifications of concluded contracts.

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