parol EV Flashcards
What is the parol evidence rule?
if the contract terms are intended to be a final expression of agreement, the terms in the writing cannot be contradicted by extrinsic EV of a prior or contemporaneous agreement
What do we look for to determine if a contract is completely integrated?
merger clause
what can come in under partial integration?
any prior or contemporaneous addtl term so long as it is not inconsistent w/ k
what kind of extrinsic EV can come in to give meaning to vague terms?
course of performance
course of dealings
usage of trade
can a statement come in after the writing?
YES - this modifies the contract.
course of performance
how these parties are acting in this k
course of dealings
how these parties acted in past ks