Whether Discretion and Obligation Arise Under the Contract or Reflect the World at Large
Consider this sentence from a contract between Acme and Widgetco: Acme may sell the Widgets. Does it mean that under the contract, Acme has the discretion to sell the widgets? Or is Acme asserting the fact that nothing in the world at large prevents Acme from selling the widgets? (I’m ignoring whether may is used in this sentence to mean … Read More