A merger clause is also known as an: A) interpretation clause. B) interrogation clause. C) integration clause. D) instrumental clause.
A fully "integrated" contract under the parol evidence rule is one that: A) is intended by the parties to include both goods and services. B) is intended by the parties to include several agreements. C) is intended by the parties to be a preliminary statement of their agreement. D) is intended by the parties to be the complete,final statement of their agreement.
Ward is attempting to introduce oral evidence in an action relating to a written contract between Ward and Weaver.Weaver has pleaded the parol evidence rule.Ward will be prohibited from introducing parol evidence if it relates to: A) a modification made several days after the contract was executed. B) a change in the meaning of an unambiguous provision in the contract. C) fraud in the inducement. D) an obvious error in drafting.
Abel hired Carr to restore Abel's vintage car for $800.The terms of their oral agreement provided that Carr was to complete the work within 18 months.Actually,the work could be completed within one year.Can Abel insist that the work be completed within a year instead of the 18 months? A) No,because the agreement covers services with a value in excess of $500. B) No,because the agreement covers a time period in excess of one year. C) Yes,because personal service contracts are exempt from the statute of frauds. D) Yes,because the work can be completed within one year.