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Common sense counts when construing commercial contracts
- RPC
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- United Kingdom
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- November 17 2011
In Rainy Sky S.A and six others v Kookmin Bank 2011 UKSC 50, the Supreme Court provided useful guidance on the role of business common sense in construing a clause in a commercial contract, particularly in circumstances where there are competing plausible constructions, neither of which is clearly preferable on the language used alone
