Leila enters into a contract with Metro Taxi Company to work as a cabdriver. Under the plain meaning rule, if the contract's writing is clear and unequivocal, the meaning of the terms must be determined from
A) only evidence not contained in the document.
B) any relevant extrinsic evidence.
C) only the face of the instrument.
D) the later testimony of the parties.

Question

Leila enters into a contract with Metro Taxi Company to work as a cabdriver. Under the plain meaning rule, if the contract's writing is clear and unequivocal, the meaning of the terms must be determined from
A) ​only evidence not contained in the document.
B) ​any relevant extrinsic evidence.
C) ​only the face of the instrument.
D) ​the later testimony of the parties.

Quizplus · Accepted Answer

The plain meaning rule states that if the contract's writing is clear and unequivocal, the meaning of the terms must be determined from only the face of the instrument. This means that extrinsic evidence (such as testimony from the parties) cannot be used to interpret the terms of the contract. Therefore, choice C is the correct answer.

Leila Enters into a Contract with Metro Taxi Company to Work