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Misinterpretation in contract law occurs when parties misunderstand or misinterpret terms, leading to disputes or unintended consequences. This can happen due to ambiguous language, differing interpretations, or mistakes in communication. For instance, if one party assumes a term means something different from what the other intended, it can lead to conflicts. Resolving misinterpretations often involves examining the intention of the parties, surrounding circumstances, and industry standards. Clear and precise language in contracts helps mitigate such issues, but when they arise, legal recourse may be necessary to clarify and enforce the intended agreement.