Which statement is true about definitions in a contract?
A) All ambiguous terms must be defined.
B) Definitions must be grouped together in a separate section of the contract.
C) Definitions must be located on the same page where the term is first used.
D) The parties to the contract may be defined with shorter designations than their actual names.

Question

Quizplus · Accepted Answer

Parties to a contract can be defined with shorter designations for convenience and clarity throughout the document.

Which Statement Is True About Definitions in a Contract