objective meaning of contract

objective meaning of contract
Not what a promisor has in his mind, but what his promise is understood to mean by a reasonable man in the situation of the promisee. Lee v State Bank & Trust Co. (CA2 NY) 54 F2d 518, 85 ALR 216, cert den 285 US 547, 76 L Ed 958, 52 S Ct 395.

Ballentine's law dictionary. . 1998.

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