Vicki Entered into a Written Contract to Buy a Car

question 6

Multiple Choice

Vicki entered into a written contract to buy a car from Valley Motors.During the negotiations,the sales representative said that the car had a two-year full warranty.The written contract included a provision that stated,"This writing is the full and final expression of the parties' agreement;anything said before signing or while signing is irrelevant." The written contract did not include a warranty.Two months after Vicki took delivery of the car,she discovered that the transmission needed to be replaced.Vicki claimed that it was covered by the full warranty.Will Vicki be able to present evidence as to the sales representative's statements concerning the warranty?

• A)No.The parol evidence rule will most likely exclude any evidence of the discussion of the warranty.
• B)Yes.The leading object rule will allow evidence as to the discussion of the warranty.
• C)Yes.The evidence is needed because the contract is ambiguous.
• D)No,because the contract was fully executed.

Recognize the purposes and ethical considerations of counseling assessments.

Identify historical developments and key figures in the field of psychological testing.

Understand the influence of technology and law on current assessment practices.

Differentiate between various types of psychological tests and their applications.

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Definitions:

Selling Price

The selling price of goods or services to the consumer.

Variable Manufacturing Overhead

Variable manufacturing overhead comprises costs that fluctuate with production volume, such as utilities and materials used in the production process.

Fixed Manufacturing Overhead

Costs associated with production that do not vary with the level of output, such as salaries of production managers and depreciation of equipment.

Machine-Hours

A measure of production time, representing the total hours worked by machines in the manufacturing process, often used to allocate manufacturing overhead to products.