Use This Fact Situation to Answer the Questions That Follow

question 69

Multiple Choice

Use this fact situation to answer the questions that follow. You are driving into the north entrance of a parking lot and pull up beside the ticket machine.At the south entrance facing out into the street is a sign that says: "The owners of this lot will not be responsible for any loss or damage however caused to a motor vehicle while parked in this lot." You take a ticket from the machine,park your car,and leave.When you come back,your car has been broken into and its contents stolen.You now wish to sue the parking lot owners.
The sign facing out into the street contains

• A)an exclusion clause.
• B)an express term of the contract.
• C)a limited liability clause.
• D)an ambiguous clause.
• E)an implied term of the contract.

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Definitions:

Diagnosing A Problem

The process of identifying and understanding the underlying causes of an issue within an organization to determine appropriate solutions.

Mental Model

An internal representation of the way things work. Mental models influence the causal attributions that we make.

Personal Vision

An individual's aspirations, goals, and values that guide their desired future.

Organizational Defensive Routines

Actions or policies that organizations unconsciously adopt to protect themselves from threats but may prevent learning and change.