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Legal Meanings
Term: parol evidence rule
1.
The parol evidence rule that disallows parol evidence (that is, oral or verbal evidence) to be admitted to 'contradict, vary, add, to or subtract from the terms of a written contract' or a part of a contract that has been completely recorded in writing.
The rule is intended preserve the integrity of a written agreement and allow it to be interpreted using principles of contractual construction that promotes certainty, without interference from pre-contractual negotiations, draft contracts and other extrinsic matter.
There are a number of exceptions to the parol evidence rules under English law which include situations where:
Usage: The application of the parol evidence rule rendered the evidence of the oral representations irrelevant, and as such were excluded from evidence.
Related Words: contract; rectification; collateral contract; misrepresentation; common mistake; mistake of fact; mutual mistake; unilateral mistake.
Regulatory Compliance – Regulatory Compliance Briefing Note - Implied Terms in Business Contracts for the Sale of Goods
Contract Terms – Liability for False Statements – Misrepresentation at Law in England
Contract Disputes – Briefing Note - Legal Binding Agreements and Verbal Contracts
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