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Contract law assesment

The purpose of contractual interpretation is to establish “true” meaning of contracts. According to Lord Hoffman in Investors Compensation Scheme Ltd v West Bromwich Building Society [1998] 1 WLR 896, there are five principles that are used in order to interpret written contractual terms. Discuss the usefulness of these five principles which are used to establish a true meaning of written contracts with reference to other relevant case law. 

 

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