Episode 14: Words in Context – How Courts Interpret Contracts

Organized: The Business Law Breakdown

What's the meaning of "chicken?" Unravel the complexities of contract interpretation in this illuminating episode. Professor Oranburg explores the principles courts use to determine the meaning of contract terms when disputes arise. You’ll learn about intrinsic evidence, extrinsic evidence, and how courts balance the literal meaning of words with the reality of the parties’ intentions. Through real-world examples and landmark cases, gain insights into how ambiguities are resolved and how context shapes interpretation. Understand the importance of clear drafting and how to protect your interests when entering into agreements.