Principles of Contract Law
From Riverview Legal Group
Principles of Contract Law
Millennium Veterinary Hospital Corporation v. SR & R Bay Ridges Ltd., 2007 CanLII 28328 (ON SC)
[13] The relevant contract principles are as follows:
- i. The plain, literal and ordinary meaning of a written contract shall be given effect
- ii. Parole evidence shall only be admitted where the contract is ambiguous
- iii. The parties’ intention in forming the contract shall be considered in light of the contract as a whole
- iv. Contracts shall be interpreted Contra Proferentum
- v. Contracts must be interpreted in a commercially reasonable manner
