The Parol Evidence Rule

question 50

Multiple Choice

The parol evidence rule

• A) serves the same purpose as the statute of frauds.
• B) applies if all dealings between the parties are oral.
• C) allows parties to introduce evidence to change the terms of a written contract.
• D) none of these.

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Definitions:

Multiple Variables

The presence of several factors or elements that can influence the outcome of a study or situation, requiring complex analysis.

Nominal Group Technique

An organized approach to collective brainstorming designed to promote participation from all group members in identifying and resolving issues.

Select Experts

The process of identifying and choosing individuals with specialized knowledge or skills for a specific purpose.

Delphi Method

A forecasting process framework based on the results of multiple rounds of questionnaires sent to a panel of experts.