Subsequent Agreements Are Treated in What Way Under the Parol

question 60

Multiple Choice

Subsequent agreements are treated in what way under the parol evidence rule?

• A)Subsequent agreements are admissible under the parol evidence rule
• B)Subsequent agreements are not admissible unless they were filed with a governmental agency
• C)Subsequent agreements are not admissible since they attempt to modify an integrated contract
• D)Subsequent agreements are not admissible unless that involve two international parties

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Definitions:

Management

The process of directing, controlling, and organizing resources in an organization to achieve its objectives efficiently and effectively.

Ownership

The legal right to possess, use, and dispose of something; typically refers to property or assets.

Sales

The exchange of goods or services for money, constituting the primary revenue stream for most businesses.

Family Businesses

Businesses owned and operated by multiple generations of a family, often characterized by personal relationships and traditions.