Kramer and Biff Entered into a Formal Purchase and Sale

question 21

Multiple Choice

Kramer and Biff entered into a formal purchase and sale agreement with respect to Kramer's house.Two weeks later,Biff revisited Kramer and offered to purchase all of Kramer's custom yard and deck furniture too.The price Biff offered was $2500 more than the last offer Kramer had received,and he accepted the offer.In these circumstances,if a dispute ensues,will the parol evidence rule play a role?

• A) It will be used to prevent extrinsic evidence regarding the oral agreement.
• B) It will not play a role; because the oral agreement deals with land and furniture,it is invalid.
• C) It will be applied to prevent a challenge of the written agreement.
• D) It will not play a role,owing to the distinct nature of the collateral contract and price.

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Definitions:

Hamilton's Rule

A principle of kin selection that predicts when natural selection will favor altruistic acts among related individuals, based on the cost to the altruist, the benefit to the recipient, and the degree of relatedness.

Adaptive

Relating to or characterized by adaptation; capable of adjusting to new conditions for survival advantage.

Alarm-Calling

A behavior in animals where individuals produce vocalizations to warn conspecifics of potential danger.

George C. Williams

A prominent evolutionary biologist known for his work on natural selection, adaptation, and the cost of reproduction.