Which of the Following Would a Company Put in a Standard

question 47

Multiple Choice

Which of the following would a company put in a standard form contract to try and prevent the court from making an exception to the parol evidence rule?

• A)an entire agreement clause
• B)a disclaimer clause
• C)a limitation clause
• D)an exemption clause
• E)all of the above could achieve that result

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Definitions:

Controllable Cost

Expenses that can be directly managed or influenced by a decision-maker within a specific time frame.

Line Authority

The power given to managers to make decisions and issue commands within their scope of responsibility, and to expect those commands to be followed by subordinate employees.

Financial Controller

A senior executive responsible for overseeing an organization's day-to-day financial operations, reporting, and compliance.

Self-Managed Teams

Groups of workers who are given the responsibility and autonomy to manage themselves and make decisions about their work.