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Parol Evidence Rule
A legal principle that prohibits the use of oral or written statements made prior to or at the time of a written contract to change or contradict the terms of the contract.
Assignee
An individual or entity to whom rights or interests have been transferred by another.
Parol Evidence
A rule that prohibits the admission of oral or extrinsic evidence to contradict, vary, or add to the terms of a written contract.
Assignor
The party in a contract who transfers rights or interests to another, known as the assignee.
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