When interpreting contracts, arbitrators look to all of the following except:
A) The contractual language
B) Past practice of the parties
C) Intent of the parties
D) Desires of the parties

Question

Quizplus · Accepted Answer

When interpreting contracts, arbitrators consider the contractual language, past practice of the parties, and intent of the parties. However, the desires of the parties do not hold much weight in contract interpretation. It is the objective intent of the parties that matters, not their subjective desires or wishes.

When Interpreting Contracts, Arbitrators Look to All of the Following