Part III Understanding Words, 6 Principle 6: Ambiguities
- Construction of contract — Interpretation of contract
This chapter considers how ambiguous phrases are interpreted. It discusses the basic principle that, if words are ambiguous in their context, they are given the meaning the parties are most likely objectively to have intended. The chapter considers what we mean by ‘ambiguity’, and discusses how it is resolved. It contains examples of the way in which these issues have been dealt with in practice. It also discusses the contra proferentem rule.