Asked by Melissa Morgan on Jul 16, 2024
Verified
Parol evidence is admissible when a court deems a contract integrated.
Parol Evidence
The rule that prohibits the use of oral statements or agreements to contradict or vary the terms of a written contract.
Integrated Contract
A written contract intended to be the complete and final representation of the parties’ agreement.
- Comprehend the function and impact of the parol evidence rule on contractual arrangements.
- Determine irregularities pertaining to the statute of frauds and the parol evidence rule.
Verified Answer
TC
Tammy CarmonaJul 23, 2024
Final Answer :
False
Explanation :
Parol evidence is generally not admissible to alter, contradict, or add to the terms of an integrated (fully and finally written) contract, except for certain exceptions such as clarifying ambiguities, proving fraud, or showing that the contract was not meant to be a complete agreement.
Learning Objectives
- Comprehend the function and impact of the parol evidence rule on contractual arrangements.
- Determine irregularities pertaining to the statute of frauds and the parol evidence rule.
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