Which of the following is true with regard to the parol evidence rule?
A) It applies only to the oral discussions that do not make it into the final written agreement.
B) The rule has no bearing on events that have transpired before the contract in dispute was signed.
C) The rule is concerned only about agreements reached subsequently that may alter the terms of an existing contract.
D) It does not negate all prior agreements or statements.
E) The rule applies only in cases where the parties never intended the written contract to be their full understanding and intend it to be partly oral.

Question

Quizplus · Accepted Answer

The parol evidence rule does not negate all prior agreements or statements. It only prevents the introduction of evidence that seeks to contradict, modify, or add to the terms of a final written agreement.

Which of the Following Is True with Regard to the Parol