Section 515
Interpretation Of Contract
(1) A contract shall be interpreted
according to the common intention of its parties.
(2) If the intention cannot be established pursuant to subsection
(1), a contract shall be interpreted according to the meaning
of general understanding that a reasonable person of the same
prudence as a party to the contract would give to it in normal
circumstances.
(3) If one party to a contract knows or is deemed to know
a statement and conduct of the other party, the contract shall be
interpreted according to the intention of such a party.
(4) The terms and expressions used in a contract shall be
interpreted in the light of the entire contract or the context in which
such terms and expressions are used.
(5) A contract shall be interpreted in a manner so that all
the terms used in the contract are given effect without separating
some terms from others.