Contractual Ambiguity Resolution Guide

Summary

Prior dealings can resolve contract ambiguities. Incidental third-party beneficiaries cannot enforce contracts. Privity is not required for product liability suits. Buyers can reject or revoke acceptance of goods if timely notice is given.

Full Conversation

Question * pts If two parties have engaged in prior dealings, then this conduct may be considered in attempting to resolve an ambiguity in a contract between them. Group of answer choices True False Flag question: Question * Question * pts If a contract benefits a third party beneficiary incidentally, then the third party beneficiary will have the power to enforce the contract. Group of answer choices True False Flag question: Question * Question * pts Privity of contract between the plaintiff and the defendant is required to bring a suit based on product liability. Group of answer choices True False Flag question: Question * Question * pts A buyer may reject the goods or revoke acceptance for any defects in the goods if timely notice is given to the seller. Group of answer choices True False
Here are the answers to your true/false questions:
*. True - Prior dealings can be considered to resolve contract ambiguities.
*. False - Incidental third-party beneficiaries cannot enforce the contract.
*. False - Privity is not required for product liability suits.
*. True - Buyers can reject or revoke acceptance if timely notice is given.
Do you have any more questions?