Which of the Following Could Be Used as a Way

question 55

Multiple Choice

Which of the following could be used as a way to get around the parol evidence rule? The court could find that

• A)the contract was partly written and partly oral
• B)there was a collateral contract
• C)the contract was made under duress
• D)both A and B
• E)there is no way to get around the parol evidence rule

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Definitions:

Itemized Deductions

Specific expenses that taxpayers can claim to reduce their taxable income, as opposed to taking the standard deduction.

Charitable Contributions

Donations or gifts given by individuals or organizations to non-profit organizations, which can often be deducted from taxes.

AGI Limitation

Restrictions or phase-outs on certain tax deductions, credits, or exemptions based on the taxpayer's Adjusted Gross Income (AGI).

Churches

Religious organizations that may enjoy certain tax exemptions and benefits under IRS guidelines.