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The ________ states that the terms of a written contract may not be changed by evidence of any prior agreement but may be explained or supplemented

1 Answer

7 votes

Answer:

Parol evidence rule

Step-by-step explanation:

Parole evidence rule is a provision of the law that limits the extent to which a present agreement under consideration can be modified by previous agreements.

For example if two parties make an agreement and put it in writing as a contract, this law does not allow previous agreements like an oral agreement to be introduced to modify the contract under consideration.

Any prior agreement cannot be used to interpret the present one.

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User Faustin
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