A written, integrated contract contains a provision that states it will be effective for a "year." The plaintiff in a lawsuit claims that a "year" is obviously 12 months. The defendant claims that the contract meant a 10-month school year. In this case:

A) parol evidence cannot be used to explain the term, because the plain meaning of a "year" is 12 months.
B) parol evidence cannot be used to explain the term, because it is in an integrated document.
C) the term "year" is ambiguous, and the parties can bring in parol evidence to clarify their intent.
D) parol evidence cannot be used, because the contract contains an express term that could have been changed by the parties prior to the contract's execution.

Mcmurtry Corporation sells a product for $300 per unit. The product's current sales are 14,100 units and its break-even sales are 10,293 units. The margin of safety as a percentage of sales is closest to:

A) 27%
B) 37%
C) 73%
D) 63%

A person without a managerial job title cannot be a leader.

When a bakery manager reports that at her bakery, productivity of her 15 workers last month was 1,800 loaves per worker, she is referring to the

A) total product of labor.
B) average product of labor.
C) marginal product of labor.
D) total product of capital.

According to the text, which of the following is not a cause of conflict?

A) role ambiguities
B) structural differentiation
C) technological advances
D) task interdependencies
E) unresolved prior conflicts

Both companies and local economies benefit when those companies take the diversity initiative of purchasing from local, minority, or female-owned suppliers.