An Exception to the Parol Evidence Rule May Arise If

question 4

Multiple Choice

An exception to the parol evidence rule may arise if

• A)both parties want to rescind the contract.
• B)the plaintiff will not be able to successfully claim damages otherwise.
• C)the judge is convinced that the contract would be more effective if it contained additional terms.
• D)evidence from outside of the document is required for the purpose of rectifying a mistake in the document.
• E)the wording of the document is unfair to one of the parties.

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Definitions:

Bonuses

Additional financial compensation awarded to employees or individuals beyond their normal earnings.

Cost Centers

Departments or segments within an organization that do not directly generate revenue but incur costs, such as human resources or research and development.

Profits

The financial gain made in a transaction or business operation after accounting for all expenses.

Sales Training

A program or series of educational activities designed to enhance the skills and knowledge of sales personnel.