VI: Parol Evidence Flashcards

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1
Q

Parol Evidence

A

Prevents introduction of prior extrinsic evidence that contradicts terms of written KI

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2
Q

Integration

A

Parties intended writing to be their final agreement, parol evidence rule applies.

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3
Q

Total integration

A

Complete expression of all terms of parties agreement: parties cannot introduce extrinsic evidence of prior contemporaneous u/s of negotiations.

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4
Q

Partial integration

A

If writing sets forth only some terms, then parties are permitted to introduce supplementary extrinsic evidence of other terms that are consistent w/ the writing (not contradictory)

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5
Q

Intent of the parties

A

Determines if there is total, partial or no integration
CL: 4 corners rule can only look to writing itself for intent

Second restatement: if an extrinsic term of agreement would naturally be omitted from a writing, then term can be introduced so long as it isn’t contradictory

UCC: assumes written K is only a partial integration and allows almost any outside terms

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6
Q

When Parol Evidence is not applicable

A

Does not apply to communications occuring after the execution of the written K and when parties are:

Raising defense to formation
Raising defense to enforcement
Proving condition precedent to existence of the K
Interpreting/clarifying ambiguity in K
UCC: supplementig even apparently unambiguous terms by evidence of trade usage or course of dealing.

Express terms, course of performance (performance in current k), course of dealing, trade usage.

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