When is the parol evidence rule used in contracts?
A) when a written confirmation has not been sent for an oral contract
B) when the party against whom the enforcement of an oral contract is sought has not admitted of such a contract in pleadings
C) when an oral modification is required in a written contract
D) when there is a written statement that contradicts an agreed-on written contract
B
Business
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Available-for-sale (AFS) investments are reported as ________ if the business expects to sell them within one year
A) current assets B) equity C) long-term assets D) either current assets or long-term assets
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A standard policy of title insurance covers
A. unrecorded mechanics' liens. B. instruments outside the chain of title. C. easements that are not a matter of public record. D. none of these.
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