Contract Meaning Flashcards

(6 cards)

1
Q

Parole Evidence

A

Adding more terms to a contract
Must be information discussed prior to or at the time the parties entered into a contract.

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2
Q

Is the K a completed or partial integration?

A

then parole evidence is not admissible

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3
Q

Merger Clause

A

Final/complete
Parole evidence is not admissible

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4
Q

Exception to final/complete intergration

A

Terms added to clear up ambiguity

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5
Q

Partial Intergration

A

This is when the K is not complete
-No merger clause

The parole evidence is admissible
Anything that explains or supplement the original terms of the K
Anything that contradicts is not allowed

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6
Q

Additional situations when parole evidence is admissible

A
  1. Any evidence which will show fraud
  2. Any evidence that will show mistake or duress
  3. Any evidence that comes in to show an existence of a condition precedent
  4. Evidence to show custom trade dealing
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