I think its unambiguous. If they want "and/or" to just mean inclusive or why not just use "or". Its shorter, simpler, easier to understand. I also feel "and/or" in general usually means either option are possible/acceptable.
The point I was making is that "DMARC passes if DKIM _and_ SPF passes" and "DMARC passes if DKIM _or_ SPF passes" are both true - you can't specify "DMARC passes if, and only if, DKIM _and_ SPF passes"
I agree the statement "DMARC passes if SPF (inclusive or) DKIM passes"
I was only trying to point out that "and/or" is ambiguous (which we agree, and Wikipedia even agrees - 2 paragraphs for a defintion, 5 paragraphs of criticism) and one of those ambiguities is thinking it means logical AND - which is something DMARC does not do.
Using just "or" would have been fine and conveyed the same meaning as it does now.
The point I was making is that "DMARC passes if DKIM _and_ SPF passes" and "DMARC passes if DKIM _or_ SPF passes" are both true - you can't specify "DMARC passes if, and only if, DKIM _and_ SPF passes"