Which of the Following Statements About "Usage" Is False When

Which of the following statements about "usage" is false when courts interpret contracts?

A) "Usage" refers to past actions by the parties in previous transactions that demonstrate what the parties mean when they use specific language in their agreements.
B) If both parties to the contract are members of a trade,profession,or community in which certain words are commonly given a particular meaning,courts will presume that the parties intended the meaning that the usage gives to the terms they use.
C) If the court finds that a certain practice is a matter of common usage in the parties' trade,it will assume that the parties intended to include that practice in their agreement.
D) If contracting parties are members of the same trade,business,or community but do not intend to be bound by usage,they should specifically say so in their agreement.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free