Examlex
Regarding spatial learning, it has been found that:
Statute Of Frauds
a rule of law mandating that specific agreements must be documented in writing and signed by the individual being held accountable for them to be valid.
Main-Purpose Rule
A principle in suretyship law that a guarantor's promise to pay another's debt is not considered a secondary promise requiring a written agreement if the guarantor's main purpose benefits them.
Parol Evidence Rule
A legal rule in contract law that prevents the admission of external evidence intended to alter or contradict the terms of a written agreement.
Merger Clause
A clause in a written agreement within the statute of frauds which states that the written agreement accurately reflects the final, complete version of the agreement.
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