Rathbun v. Cato Corp., 93 S.W.3d 771 (2002)

Citation: Rathbun v. Cato Corp., 93 S.W.3d 771 (2002)
Parent Document: Rathbun v. Cato Corp., 93 S.W.3d 771 (2002)
Jurisdiction: Missouri (state)
Effective Date: 2002-11-21
Original Source: https://www.courtlistener.com/opinion/1890960/rathbun-v-cato-corp/ ↗

Other Sections in This Document (144)

Rathbun v. Cato Corp., 93 S.W.3d 771 (2002)
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In CIT Group/Sales Fin. Inc. v. Lark, 906 S.W.2d 865, 868 (Mo.App. E.D.1995), the court said that "[a] contract is ambiguous only if its terms are susceptible of more than one meaning so that reasonable persons may fairly and honestly differ in their construction of the terms." Here, the phrase in question yields more than a single meaning, and reasonable people may fairly differ in their construction of it. As a consequence, it is ambiguous. The trial court's conclusion to the contrary was an erroneous declaration and application of the law.