The Parol Evidence Rule Applies to Partially Written Agreements

question 11

True/False

The parol evidence rule applies to partially written agreements.

---

Definitions:

Consumer Purchases

Refers to the goods and services bought by individuals and households for personal use.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded.

Equilibrium Price

The price at which the quantity of a product offered is equal to the quantity of the product in demand, thus the market is in balance.

Compact Discs

Optical storage media used to store data, including music and software, readable by laser-based players and computers.