Sentences with phrase «understands contractual language»
Virtually nobody but a lawyer actually understands contractual language, yet contracts are enforced all the time.
https://law.stackexchange.com/ Not exact matches
Futures contracts are often difficult to understand if you are not extremely well - versed in their contractual language, and therefore, are not advisable for beginners.
By way of background, the test for contractual interpretation is what a reasonable person, having all background knowledge which would have been available to the parties, would understand the language in a contract to mean.
The first clause of reg 6 (2) was directed to the language used in contractual terms, and it followed that it was concerned with the express terms and not with whether or not the consumer was likely to understand what terms would be implied into the contract.