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Dynamic Business Law Study Set 1
Quiz 21: Introduction to Sales and Lease Contracts
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Question 81
Essay
Under what circumstances does the parol evidence rule not apply and parties are allowed to explain or supplement a written contract?
Question 82
Essay
What is required in order for an offer to be considered a firm offer under the UCC? If a firm offer is silent as to time, what is the effect? Compare this effect with the result of silence as to time under the common law.