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What is Parol Evidence Rule Explained about?

1) The parol evidence rule determines whether extrinsic evidence can alter the terms of a written contract. 2) If a contract is fully integrated and unambiguous, extrinsic evidence cannot be used to modify its terms. 3) If a contract is partially integrated or not integrated at all, extrinsic evidence may be used to explain or supplement the terms but not contradict them, unless an exception applies.

Author

Heidi Hyun

Language

EN