Which of the Following Is True of the Parol Evidence

question 24

Multiple Choice

Which of the following is true of the parol evidence rule?

• A) If the writing in a contract is clearly incomplete, a party can introduce proof of consistent oral terms that "fill the gaps" in the writing.
• B) If the written terms of a contract are unclear, the party can use this exception to alter the concerned part of the contract.
• C) Oral testimony that attempts to show that a contract is illegal is not allowed.
• D) Proof of contradicting oral agreements that were made after the writing was created is illegal and not enforceable.

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Definitions:

Lease

(1) A transfer of the right to possess and use goods for a period of time in return for consideration. (2) The agreement between a landlord and a tenant that specifies the terms of a property rental.

Surrendering Property

The act of voluntarily giving up rights to property, often in a legal or financial context, such as in bankruptcy.

Writing

A type of documentation that shows contractual intent and satisfies the statute of frauds requirement.

Vacating

the act of leaving a place or position, or legally nullifying a legal judgment or contract.