Essays Tagged: "Parol Evidence Rule"
Business Law Test Study Notes Review
eable obligations will result from it.FORMAL CONTRACT - is sealed (use of a seal)SIMPLE CONTRACT or PAROL CONTRACT - verbal or written but not under seal.EXPRESS CONTRACT - where parties expressly sta ... tract. Ex. Person thought she was signing a credit card application but in fact she signed mortgage.PAROL EVIDENCE RULE - courts will not permit evidence to contradict clear wording of a contract. Exc ...
Subjects: Law & Government Essays > Law