When the parties have entered into a fully integrated written contract, the parol evidence rule usually prevents the admission into evidence of any

1. Prior oral agreement
2. Contemporaneous oral agreement
3. Subsequent oral agreement

• A.I, II, and III.

• B.III only.

• C.I and II.

• D.I only.

In a sale of goods involving already identified goods,

• A.Only the seller has an insurable interest.

• B.Both the seller and the buyer may have an insurable interest.

• C.Possession determines who has an insurable interest.

• D.Only the buyer has an insurable interest.

The perfection of a security interest by filing a financing statement

• A.Gives the secured party priority over all other parties who acquire an interest in the collateral after the filing.

• B.Serves to give the public actual notice.

• C.Serves to protect the secured partys interest in the collateral against most creditors who acquire a security interest in the same collateral after the filing.

• D.Is necessary to enable the secured party to enforce its security interest against the debtor.

When the parties have entered into a fully integrated written contract, the parol evidence rule usually prevents the admission into evidence of any

1. Prior oral agreement
2. Contemporaneous oral agreement
3. Subsequent oral agreement

• A.I, II, and III.

• B.III only.

• C.I and II.

• d. I only.