Examlex
A manufacturer monitors the level of defects in the television sets that it produces. Each week, 200 television
sets are randomly selected and tested and the number of defects is recorded. The results for 12 consecutive
weeks are shown below.
Parol Evidence Rule
A legal principle that prevents parties in a written contract dispute from introducing oral or extrinsic evidence to modify the original agreement.
Parol Evidence Rule
A rule in contract law that prevents parties from presenting evidence of prior or contemporaneous agreements that would contradict the terms of a written contract.
Ambiguous Terms
Words or phrases in a contract or agreement that are unclear and open to more than one interpretation.
Admission
A statement acknowledging the truth of something, often used in a legal context to refer to an acknowledgment of facts or responsibility.
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