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Saturday, 30 March 2013

Exceptions to the Parol Evidence Rule


Exceptions to the Parol Evidence Rule

ü   Contracts subsequently modified.
ü   Voidable or Void contracts.
ü   Contracts containing ambiguous terms.
ü   Prior dealing, course of performance, or usage of trade.
ü   Exceptions to the Parol Evidence Rule 
ü   Contracts subject to orally agreed-on conditions.
ü   Contracts with an obvious or gross clerical error that clearly would not represent the agreement of the parties. 
Case 14.4: Cousins Sub Systems v. McKinney (1999).

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