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Parol Evidence Rule
A legal principle in contract law that prevents parties from presenting extrinsic evidence of prior or contemporaneous negotiations to alter or contradict the terms of a written agreement.
Condition Precedent
refers to a condition or event that must occur before a contract becomes effective or before a party is obligated to perform their contractual duties.
Parol Evidence Rule
A principle in contract law that prevents parties from presenting extrinsic evidence that would contradict, modify, or vary the terms of a written contract.
Oral Modifications
Oral modifications refer to changes made to the terms of an agreement through spoken communication between parties, as opposed to written amendments.
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