Heather agrees to work for noah for one year in his law office. noah writes an employment contract that states that heather is to earn $20 per hour and to work forty hours per week. noah terminates heather's employment after six months. heather sues to recover what she claims are her losses. at trial, both parties discover that the contract says that heather's hourly wage is $0.20. what can heather and noah do about the error?
a. they can offer evidence of the consideration that supported their contract. b. they can ask the court to rewrite the contract. c. they are bound by the writing under the statute of frauds. d. they can offer parol evidence to clarify the clerical error.

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.