Examlex
Campbell, Inc., a calendar year corporation that was created in February 2012, has gross receipts as follows: Does Campbell qualify for the small corporation exemption for each year (2012 through 2017)?
Integrated Contracts
An integrated contract is a written agreement that constitutes the final and complete understanding between parties, encompassing all terms and conditions.
Parol Evidence Rule
A legal principle that prevents the parties to a written contract from presenting extrinsic evidence of terms of the agreement that contradict, modify, or vary contractual terms.
Written Agreement
A formalized contract between parties that is expressed in written form and signed to evidence the agreement.
Oral Agrees
Informal verbal agreements which may be legally binding if they meet certain criteria, despite the lack of written documentation, often depending on the context and jurisdiction.
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