Discuss the various exceptions to the parol evidence rule
What will be an ideal response?
The various exceptions to the parol evidence rule include oral agreements:
a. used to prove a subsequent modification of a written agreement;
b. to clear up ambiguity in the written agreement;
c. to prove fraud, mistake, illegality, duress, undue influence, or lack of capacity; and
d. concerning collateral matters not germane to the written agreement.
Business
You might also like to view...
Real property would NOT include
A. Emblements B. Air rights C. Mineral rights D. Appurtenances
Business
Four characteristics are used to differentiate services from goods. Which of the following is NOT one of those characteristics?
A) intangibility B) perishability C) variability D) personalization E) inseparability
Business