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Carefully Applying Equity Theory Should Have a Direct Effect Upon

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Carefully applying equity theory should have a direct effect upon


Definitions:

Parol Evidence Rule

A legal principle that prevents parties in a written contract dispute from introducing oral or extrinsic evidence to modify the original agreement.

Parol Evidence Rule

A rule in contract law that prevents parties from presenting evidence of prior or contemporaneous agreements that would contradict the terms of a written contract.

Ambiguous Terms

Words or phrases in a contract or agreement that are unclear and open to more than one interpretation.

Admission

A statement acknowledging the truth of something, often used in a legal context to refer to an acknowledgment of facts or responsibility.

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