Parol Evidence Generally Is Admissible to Explain

question 54

Multiple Choice

Parol evidence generally is admissible to explain:

• A) ambiguous terms.
• B) why signatures are missing.
• C) why a contract was not performed.
• D) implied terms.

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Definitions:

Financial Risk

The possibility of losing money or the financial uncertainty involved in an investment, business venture, or other financial activities.

Project Risk

Potential problems that could endanger the success of a project, including uncertainties and potential negative events.

Organizational Risk

Refers to the potential for losses or other adverse outcomes that an organization may face due to various internal and external factors.

Strategic Risk

Involves risks that affect the long-term goals, direction, and overall strategy of an organization.