Set Forth the Eight Exceptions to the Parol Evidence Rule

question 44

Essay

Set forth the eight exceptions to the parol evidence rule.

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Definitions:

Food and Supplies

The consumable items and materials necessary for the operation of businesses involved in food service, hospitality, or healthcare, among others.

Spending Variance

The difference between the actual cost incurred for something and the expected cost according to a budget.

Tenant-Days

A metric used in real estate to quantify the number of days a property is rented out.

Revenue Variance

The difference between the actual revenue earned and the budgeted or forecasted revenue.