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The document discusses the significance of written contracts in commercial transactions and introduces the Parol Evidence Rule (PER), which governs the admissibility of external evidence in disputes over written contracts. The PER aims to preserve the integrity of written agreements by preventing the introduction of prior negotiations or oral agreements that contradict the written terms, while also acknowledging exceptions for cases involving fraud, ambiguity, or mistake. The historical context of the rule

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24mlaw0py0029
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