Briefly Explain What Is Meant by the Parol Evidence Rule

question 55

Short Answer

Briefly explain what is meant by the parol evidence rule. Identify when a court might avoid applying the parol evidence rule.

Understand how social media and diverse forms of communication fit within the technical communication spectrum.

Appreciate the importance of accessibility and correctness in technical documents.

Recognize the importance of emotional intelligence in effective communication.

Comprehend the basic modes and processes of technical communication.

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Definitions:

Price

The amount of money expected, required, or given in payment for something.

Reference Value

The benchmark or standard against which the performance or value of a product or service is compared.

Extra Value Meal

A marketing offer by fast-food restaurants where a combination of items is sold together at a reduced price, compared to buying each item separately.

Profit Equation

Profit = Total revenue − Total cost; or Profit = (Unit price × Quantity sold) − (Fixed cost + Variable cost).