Question: the parol evidence rule _ _ _ _ _ . According to Ch . 1 3 , the parol evidence rule _ _ _ _

the parol evidence rule _____.
According to Ch.13, the parol evidence rule _____.
is designed to hold parties to promises they made during negotiations
does not apply to real estate contracts
applies only when contracts must be in writing
states that a written contract discharges all prior or contemporaneous promises that add to, vary, or conflict with it

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

1. Any mark that the signer intends to be a signature will be the legal signature of that person. True or False 2. The __________ is the law that requires certain contracts to be in writing to be...

Q:

LST2BSL Introduction to Business Law and Ethics Common Law Assignment INSTRUCTIONS 1. This assignment is worth 20% of your final mark for this subject. 2. All questions must be answered. 3. With...

Q:

1) Which of the following statements regarding the Parol Evidence Rule is true? A) The Parol Evidence Rule is a rule of evidence and not a substantive contract-law rule. B) Evidence Rule applies in...

Q:

To analyze whether the additional terms are in violation of the parol evidence rule, we'll use the ICE mnemonic ( Issue , Conclusion, Explanation ) and also consider the plain meaning rule and...

Q:

To analyze whether the additional terms are in violation of the parol evidence rule, we'll use the ICE mnemonic ( Issue , Conclusion, Explanation ) and also consider the plain meaning rule and...

Q:

Which of the following is an example of an exception to the Parol Evidence Rule? a. On January 15, Merchants sign a written contract for the sale goods. On January 20, they agree to draft a new...

Q:

Which of the following is an example of an exception to the Parol Evidence Rule? a. On January 15, Merchants sign a written contract for the sale goods. On January 20, they agree to draft a new...

Q:

Ninety-year-old Elvie lives alone on the south side of Boston in a home built in 1925. Elvie suffers a stroke that leaves her with significant physical limitations and difficulty communicating....

Q:

IRAC Case Analysis Rubic to analyze this case. IRAC Case Analysis Format to analyze Yung-Kai Lu v. Univ of Utah pp 500-501 I: What is the Legal Issue in This Case? R: What is the Rule (law) of the...

Q:

BMGT 380 - Final Exam Questions for E-resources - Fall 2014 Multiple Choice: 1 point each 1. Sam orally agreed to sell Jamie some land for $500,000. Jamie paid Sam the $500,000; Sam gave Jamie the...

Q:

Make a short article aimed at tenants explaining what is included in a rental lease in Victoria, Australia. You will need to type out this document and upload it for marking. Your article should have...

Q:

At the time a company prepays a cost: it credits an asset account and debits an expense account it debits an asset account to show the service or benefit it will receive in the future it debits an...

Q:

The FASB states that depreciation expense in a not - for - profit organization should be: Multiple Choice Assigned to or allocated to the functions to which it relates. Reported under the management...

Q:

The management of Kunkel Company is considering the purchase of a $42,000 machine that would reduce operating costs by $9,500 per year. At the end of the machine's five-year useful life, it will have...