Pauley Petroleum's board of directors unanimously rejected a takeover proposal by Strata-Carner Partners . . . Marriott Corp. has completed the sale of the Great America theme park in Santa Clara to the City of Santa Clara. The company indicated the value of the transaction to Marriott will exceed $100 million . . . Top officials of E.F. Hutton have been subpoenaed by a House Judiciary subcommittee to testify at a June 19 hearing on the company's $4.35-billion check-kiting scheme . . . Ford is offering 8.8% finance assistance on 1984 and 1985 F-150 and F-250 two-wheel-drive trucks--excluding Supercab models--delivered through Aug. 1.