Breach (to add after CORE) Flashcards

1
Q

parol evidence rule

A

when a contract is completely integrated, evidence of any other prior or contemporaneous oral or written agreements (negotiations) are not admissible to vary or contradict (OK to explain) the terms of the writing

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2
Q

what does it mean for a contract to be completely integrated

A

parties to a contract have put in writing the final and complete expression of their agreement

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3
Q

what does it mean for a writing to be partially integrated

A

it is a final expression of the agreement but not a complete expression of the agreement (only reflects part of the agreement, e.g., missing terms)

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4
Q

how may evidence be used with partial agreements

A

only to supplement (not contradict) partially integrated writing with consistent additional terms

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5
Q

when is writing completely integrated? (2 views)

A
  1. if within the plain meaning of the four corners of the contract it appears intended to be the final and complete expression of their agreement
  2. the existence of extrinsic evidence of an additional term (like an oral statement) shows that the original agreement was not meant to be an integrated contract
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6
Q

parol evidence rule exceptions (4)

A
  1. oral condition precedent
  2. subsequent agreements or modifications
  3. collateral agreements
  4. attack validity of written agreement (show it did not become proper K)
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7
Q

parol evidence: oral condition precedent

A

oral agreement that K would not be effective until a condition occurs

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8
Q

parol evidence: subsequent agreements or modifications

A

PER only applies to prior/contemporaneous expressions

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9
Q

parol evidence: attack validity of written agreement–what to point to

A

ambiguous terms, no consideration, mistake, duress, fraud, reformation to correct mistake

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10
Q

default “gap filler” price if missing from CL K

A

reasonable value

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11
Q

default “gap filler” duration if missing from CL K

A

employment at will, given assurance of job security

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12
Q

default “gap filler” price if missing from UCC K

A

reasonable price as of delivery

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13
Q

default “gap filler” time of delivery if missing from UCC K

A

reasonable time

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14
Q

default “gap filler” time of payment if missing from UCC K

A

time and place of receipt by buyer

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15
Q

default “gap filler” place of delivery if missing from UCC K

A

seller’s place of business

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16
Q

default “gap filler” quantity if missing from UCC K

A

definite, certain term required