About this document
Understanding the Parol Evidence Rule by ccolbert is a document available to read on EtoBox.
The Parol Evidence Rule, as defined in UCC § 2-202, prevents parties from using outside evidence to contradict, modify, or vary the terms of a finalized written contract. It applies to fully integrated contracts, but exceptions exist for clarifying ambiguous terms, proving collateral agreements, and cases of fraudulent inducement. The analysis of the rule involves determining if there is a written contract, its level of integration, and whether any exceptions apply.
- Author
- ccolbert
- Language
- EN