Which of the Following Would Be Admissible Under the Parol

question 29

Multiple Choice

Which of the following would be admissible under the parol evidence rule? Assume the written contract was made on June 1, 2010, and that it is an integrated document.

• A)A letter dated July 9, 2010, reciting agreement to new delivery terms
• B)A chart showing the dates for delivery written on August 16, 2009
• C)A copy of two letters while the parties were in the negotiation stage of their contract which showed agreement to a term not included in the June 1, 2010 contract
• D)A copy of common carrier rules on the duty of delivery persons for uncrating merchandise, which is dated December 1, 2006

Comprehend the warranties and liabilities of collecting banks in the transfer of commercial paper.

Learn the applicability of various laws and regulations, such as Article 4A and the Check Clearing for the 21st Century Act, to specific banking transactions.

Acknowledge the responsibilities of banks under different circumstances, including drawer’s incompetence and ATM failures.

Realize the processes and timelines for check collection and the impact on depositor’s accounts.

---

Definitions:

Anosmia

The loss of the sense of smell, either total or partial, which can drastically affect one's quality of life and perception of food and environmental hazards.

Aphasia

A language disorder that affects a person's ability to communicate effectively, often caused by brain damage.

Cataplexy

A sudden and uncontrollable muscle weakness or paralysis often triggered by strong emotions such as laughter.

Korsakoff's Syndrome

A chronic memory disorder caused by severe deficiency of thiamine (vitamin B1), most commonly associated with long-term alcoholism.