The parol evidence rule restricts the admissibility of extrinsic evidence to add to, vary or contradict a written agreement. The purpose is to provide certainty when interpreting contracts. However, the rule is subject to exceptions which undermine its status as a true ‘rule’. The note explains what the parol evidence rule is and why it exists.. The parol evidence rule is codified in U.C.C. § 2-202, which states that terms in a writing intended by the parties as a final expression of their agreement may not be contradicted by evidence of any prior agreement or of a contemporaneous oral agreement but may be explained or supplemented by course of dealing,.
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Parole is a time period after a person’s prison sentence, once they are released on the grounds of good behavior. The parol evidence rule is sometimes called the four corners rule. This refers to the fours corners of a piece of paper representing the constraints of a written contract. According to the parol evidence or four corners rule, the.. The nine exceptions under which evidence normally excluded by the parol evidence rule can be admitted: Jump to: To resolve ambiguities. To show that a term in the contract is a mistake. Fraud, duress, unconscionable behavior, tortious interference. Consideration was never paid. Identify the parties or subject matter. To modify the contract.
