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Contra Proferentem Rule

Categories: Accounting

We'll keep this as simple as possible. You're welcome.

The contra proferentem rule says that, when a contract is drawn up between two parties, if any clause in it isn’t completely straightforward, whoever wanted to include it in the first place will be the one who gets screwed by it...should it come to that.

Like...when your buddy decides he wants to host game night so he doesn’t have to go out in four feet of snow and pay for an Uber...and you secretly hope someone yacks up their pizza and beer all over his couch.

Find other enlightening terms in Shmoop Finance Genius Bar(f)