Which One of the Following Will Be Excluded by the Parol

question 126

Multiple Choice

Which one of the following will be excluded by the parol evidence rule?

• A) express terms
• B) extrinsic evidence
• C) evidence of implied terms
• D) a condition precedent
• E) evidence of a collateral agreement

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Definitions:

Norms

Accepted standards or ways of behaving in a group, society, or culture, which guide the actions and expectations of its members.

Lifestyles

The way in which a person or group lives, including patterns of social relations, consumption, entertainment, and dress.

Supply Side

Economic theory emphasizing the importance of policies that affect the production and supply in an economy, including investment in capital and labor efficiency.

Market Definition

Involves identifying the boundaries of a market both in terms of the product or service and the geographic area in which it competes.