BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the state can act as a child’s parents
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no one should be allowed to do something harmful to the public
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a contract should contain all terms agreed upon by parties
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an original copy of a contract must be used in court
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Detailed explanation-1: -Overview. In contract disputes, parol evidence is any agreement that is not contained within the written contract. Under the parol evidence rule, these agreements made outside of the contract are inadmissible in court unless there is evidence of fraud, duress, or a mutual mistake.
Detailed explanation-2: -The parol evidence rule is a contract law doctrine that prevents parties to a written contract from presenting “extrinsic” evidence of terms in a contract that contradict, modify, or vary the terms of a written agreement, when that written agreement is considered complete and finalized.[
Detailed explanation-3: -To show that fraud, duress, unconscionable behavior, or tortious interference with contract occurred.
Detailed explanation-4: -Which of the following is true of the parol evidence rule? Amount of damages that are equal to the loss sustained. The parol evidence rule assumes that a written contract represents the complete agreement.