The Parol Evidence Rule Means

question 11

Multiple Choice

The parol evidence rule means:

• A)If a contract is in writing the court will not hear other evidence to interpret the terms of the contract
• B)If a contract is in writing the courts will accept other evidence to interpret the terms of the contract
• C)Most contracts have to be in writing to be valid
• D)if someone behaves in jail they can be released early
• E)Any evidence of earlier discussions that can help a court interpret a contract must be considered even if the terms are clear

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Definitions:

Higher Price

Selling products or services at a price point above the average market price or the initial offering price.

R&D-Manufacturing

The connection between research and development (R&D) activities and manufacturing processes, focusing on turning innovative ideas into tangible products efficiently.

Marketing Planning

The process of defining marketing strategies and tactics, and allocating resources to achieve marketing objectives.

Goals

Statements of an accomplishment of a task to be achieved, often by a specific time. Also called objectives.