This is exactly right. It’s not a law of maths in the way that 1+1=2 is a law. It’s a convention of notation.
The vast majority of the time, mathematicians use implicit multiplication (aka multiplication indicated by juxtaposition) at a higher priority than division. This makes sense when you consider something like 1/2x. It’s an extremely common thing to want to write, and it would be a pain in the arse to have to write brackets there every single time. So 1/2x is universally interpreted as 1/(2x), and not (1/2)x, which would be x/2.
The same logic is what’s used here when people arrive at an answer of 1.
If you were to survey a bunch of mathematicians—and I mean people doing academic research in maths, not primary school teachers—you would find the vast majority of them would get to 1. However, you would first have to give a way to do that survey such that they don’t realise the reason they’re being surveyed, because if they realise it’s over a question like this they’ll probably end up saying “it’s deliberately ambiguous in an attempt to start arguments”.