ETH 321 OUTLET Motivated Minds/eng106rank.com ETH 321 OUTLET Motivated Minds/eng106rank.com | Page 13

The court will interpret the ambiguous and vague terms against the pa
rty that drafts them.
•
The court will declare the drafting party’s behavior as a tort due to inte
ntional ambiguity of terms.
•
The court will interpret the terms as they mean in the common langua
ge.
•
The court will reject the non-
drafting party’s attempt to reinterpret the terms after the contract has b
een signed.
Myra offers to sell her home to Hanna for “about $100,000 plus closin
g costs.” Hanna accepts Myra’s offer, but later a dispute arises concer
ning the precise dollar amount of the purchase price. How will a court
resolve this dispute?
•
The court will appoint a licensed real estate appraiser to determine the
price to be paid by Hanna.
•
The court will require Hanna to pay the average of her price and Myra
’s price.
•
The court will declare the purchase price and terms too indefinite to cr
eate a binding contract.
•
The court will determine a reasonable price to be paid by Hanna.
Hillward Bakers has been using a blue HB logo with a baker’s hat on t
he HB since their inception ten years ago. Hobart Bakers, a newly ope
ned bakery and confectionary chain, has used the same logo. Hillward
has not registered its logo, but it chooses to sue Hobart anyway. Whic
h of the following is true of this case?
•