Its result should be seen as the fairest (6,7)
I believe the answer is:
beauty contest
'its result should' is the definition.
I can't tell whether this definition defines the answer.
'be seen as the fairest' is the wordplay.
I cannot really understand how this works, but
'be' is present in the answer.
'the' could be 't' (the is pronounced as a 't' sound in some dialects) and 't' is located in the answer.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for beauty contest that I've seen before include "Competition to be Miss Wherever" , "Miss World, for example" , "Looks show" , "Where might a queen be crowned" .)