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The Contractor Hired to Manage the Renovation and Addition to the McLeod's

question 22

Multiple Choice

The contractor hired to manage the renovation and addition to the McLeod's country home has been given express authority to effect which of the following?


Definitions:

Parol Evidence Rule

A legal principle that prevents parties to a written contract from presenting extrinsic evidence of terms or conditions that contradict or modify the written document.

Defense of Fraud

In legal contexts, the defense of fraud involves arguments and evidence to challenge the validity of a contract or transaction based on claims of deceit or misrepresentation.

Oral Agreement

A contract or agreement made through spoken words rather than written documentation, which may still be legally binding.

Admits to the Contract

The act of acknowledging or affirming one's acceptance of the terms and conditions of a contract, making it legally binding.

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