The ________ Is a Rule That Contracts Should Be Interpreted

question 29

Multiple Choice

The ________ is a rule that contracts should be interpreted according to the understanding that a reasonable person would have had at the time the agreement was made.

• A) objective intent approach
• B) parol evidence rule
• C) plain meaning rule
• D) stabilization clause

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Definitions:

Traditional Success Model

Pertains to conventional definitions of achievement and progress, often measured by wealth, career status, and tangible accomplishments.

Work-Related Needs

The requirements or desires that employees seek to fulfill through their employment, such as income, fulfillment, and professional development.

Intellectual Growth

The development of the mind and cognitive abilities through learning, experience, and education.

Skills And Abilities

Refers to the competencies and capabilities that an individual possesses.