Contract Content & Meaning

Question 1

Parol Evidence Rule

Answer 1

Under the parole evidence rule, introduction of prior or contemporaneous written or oral agreements that contradict a later writing are not allowed.

N/A to subsequent agreements

Question 2

Exceptions to Parol Evidence Rule

Answer 2

1) correct clerical error/typo
2) establish a defense against formation
3) interpret vague/ambiguous terms
4) supplement partially integrated writing

Question 3

Partially integrated writing

Answer 3

A partially integrated writing does not contain a complete statement of all the terms the parties agreed to.

Proud of additional terms is allowed as long as they SUPPLEMENT and not CONTRADICT the writing.

All writings under UCC Presumed to be partial unless writing is fully integrated

Question 4

Fully integrated writing

Answer 4

A fully integrated writing represents a complete and exclusive statement of the terms. A merger clause is evidence that the writing is complete on its face.

Fully integrated writings cannot be supplemented with additional or consistent terms