Answer:
In order to evaluate whether or not there is a valid contract, a court will typically use the objective theory of contract interpretation. This means that the court will look at the words and provisions of the contract as they would be understood by a reasonable person, rather than considering the subjective intentions of the parties.
The objective theory of contract interpretation is based on the premise that the parties to a contract are bound by the terms and provisions that they have agreed upon, and that those terms and provisions should be given their ordinary and reasonable meaning. The court will consider the language of the contract as a whole, as well as the context in which the contract was formed and the circumstances surrounding its execution.
In addition to the objective theory of contract interpretation, some courts may also consider the parties' course of dealing, trade usage, and the practices of the industry in which the parties operate when interpreting a contract.
It's important to note that the rules of contract interpretation can vary from jurisdiction to jurisdiction, so it's always a good idea to consult with a qualified attorney to understand how a court is likely to interpret a particular contract.