3rd December 2019

uslegal
13

What is contra Proferentem in contract law?

Contra Proferentem Doctrine Law and Legal Definition. It refers to a standard in contract law which states that if a clause in a contract appears to be ambiguous, it should be interpreted against the interests of the person who insisted that the clause be included.

Accordingly, what is the Ejusdem generis rule?

Ejusdem or Eiusdem Generis Definition: Of the same kind or nature. A rule of interpretation that where a class of things is followed by general wording that is not itself expansive, the general wording is usually restricted things of the same type as the listed items.

What is the four corners rule?

: a rule holding that if a document (as a contract, deed, or will) appears on its face to be complete no outside evidence may be used to challenge it NOTE: The number of states that accept the four corners rule is in decline.

What are exclusion and limitation clauses?

Limitation clause: The clause places a limit on the amount that can be claimed for a breach of contract, regardless of the actual loss. Time limitation: The clause states that an action for a claim must be commenced within a certain period of time or the cause of action becomes extinguished.
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