Which of the Following Is an Exception to the Parol

question 81

Multiple Choice

Which of the following is an exception to the parol evidence rule?

• A) Evidence of oral agreement that merely explains the meaning of written terms without changing them.
• B) Evidence of oral agreements made at the time of the written contract.
• C) Evidence of oral agreements made before signing a written contract.
• D) Evidence of oral modifications arising after the parties have made the written contract.
• E) Evidence of oral agreements that changes the meaning of written terms.

---

Definitions:

Solvency Analysis

An assessment of a company's ability to meet its long-term financial obligations and continue its operations.

Quick Assets

Cash and other current assets that can be quickly converted to cash, such as marketable securities and receivables.

Marketable Securities

Financial instruments and assets that can be easily converted into cash, often with a maturity of less than a year, such as stocks or bonds.

Intangible Assets

Long-term assets that are useful in the operations of a business, are not held for sale, and are without physical qualities.