Ralph Is a Professional Football Player

question 30

Multiple Choice

Ralph is a professional football player.He signs a valid contract with the Miami Dolphins.Later,he claims that he was also promised free use of the Dolphins' private jet,but this was not in the contract.What type of clause in his contract would prevent him from flying away with this claim?

• A)A complete agreement clause
• B)A "no additional terms" clause
• C)An integration clause
• D)A severability clause

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Definitions:

Correlation Coefficient

An index that quantifies the magnitude and direction of a straight-line association between a pair of variables.

Estimate Reliability

A measure or assessment of the stability or consistency of an estimate from one context or test administration to another.

Interest Rate

The financial charge on a borrower by a lender for asset usage, presented as a percentage of the principal figure.

Present Value

The value in today's currency of a future sum of money or series of cash flows, discounted using a known rate of return.