Phil enters into a contract with Quality Resorts, Inc., to work as a chef. Under the plain meaning rule, the meaning of this contract must be determined by reference to
A. any available evidence.
B. any relevant extrinsic evidence.
C. the face of the instrument.
D. the later testimony of the parties.
Answer: C
You might also like to view...
Jan and Carl have each made a proposal to settle a dispute regarding how to perform a particular task. Neither seems to like the other's suggestion. To overcome this impasse, they might do all the following except:
a. Revisit the problem they are trying to solve to be sure they have adequately defined it b. Delve deeper into the two solutions suggested to see if a workable solution can be carved from them c. Brainstorm the full range of possible solutions before locking into only a few narrow solutions d. Spend more time discussing the problem and their mutual interests before identifying solutions
Generally, a contract may include language that limits or alters the damages recoverable for a breach of warranty, as long as the restrictions are not unconscionable
a. True b. False Indicate whether the statement is true or false
An efficient market reflects
A) only historical information. B) only the information related to events that have already occurred. C) all publicly known information related to past events and announced future events. D) all information including predictions about future information.
In Latin American Music v. Media Power Group, where radio station owner Media was sued by Latin for copyright infringement for playing music without a license, the appeals court held that:
a. Media's infringements were "innocent" so it did not have to pay any damages b. Media's infringements were "innocent" so it had to pay only $200 per download c. Media's infringements were "knowing" so it would pay $750 per download d. Media did not infringe because copyright law does not apply to music e. none of the other choices are correct