What are the principles of the law of contract and what is the standard of the reasonable man?
British Columbia, Canada
The following excerpt is from Fame Construction Ltd. v. 430863 B.C. Ltd., 1997 CanLII 4342 (BC SC):
In applying these principles to the document in issue, I must keep in mind the fundamental principle of the law of contract that the words and conduct of the parties must be viewed objectively, that is, by applying the standard of the reasonable man: Smith v. Hughes (1971), L.R. 6 Q.B. 597.
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