Wednesday, September 26, 2012

Interpreting Commercial Documents

Bank of Montreal v. Barber Glass Industries Inc., 2012 ONCA 630 has a brief but useful passage on the interpretation on commercial agreements:

[16] Negotiated commercial documents are to be interpreted "so as to accord with sound commercial principles and good business sense and avoid commercial absurdity": Salah v. Timothy's Coffees of the World Inc., 2010 ONCA 673, para. 16

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