Explain What the Parol Evidence Rule Is and When It

question 35

Essay

Explain what the parol evidence rule is and when it is used.

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Definitions:

Applied Research

Investigations designed to tackle concrete challenges instead of just accumulating information for the sake of it.

Basic Research

Investigation and study conducted to increase fundamental knowledge and understanding of physical, chemical, or functional mechanisms, without immediate practical application.

Temporal Precedence

A principle in establishing causation indicating that the cause must occur before the effect.

Covariation

The measure of how much two variables change together, indicating the extent to which they are associated.