Contracts _ Contract Content + Meaning (PER)

Question 1

Parol Evidence:

PAROL EVIDENCE

Answer 1

• Adding more terms to a contract
• Must be information discussed PRIOR TO or AT THE TIME the parties entered the contract

Question 2

Parol Evidence Admissible or Not?

Final/Complete Integration:

PAROL EVIDENCE

Answer 2

• Parol Evidence is NOT admissible

Question 3

Parol Evidence Admissible or Not?

Merger Clause:

PAROL EVIDENCE

Answer 3

• Final agreement between the parties
• Parol Evidence is NOT admissible

Question 4

Exception to Final/Complete Integration:

PAROL EVIDENCE

Answer 4

• Terms added to clear up an ambiguity

Question 5

Admissible (general; explains/supps., contract/materially alters

Partial Integration:

PAROL EVIDENCE

Answer 5

• Parol Evidence IS admissible
• Evidence that explains or supplements the
  original K IS admissible
• Evidence that contradicts or materially alters
  the K is NOT admissible

Question 6

Parol Evidence IS admissible to show:

PAROL EVIDENCE

Answer 6

• Fraud
• Mistake
• Duress
• Condition precedent * Course of dealing
• Trade custom
  Example:
  o This is the way we always deliver the tomatoes.