written contracts

Written contracts are agreements put in writing that spell out the rights, duties, and terms between the parties. They create a clear record of what was promised and can be used to enforce the deal if there’s a dispute.

Judge reviewing contract documents in courtroom

What is parol evidence rule?

The parol evidence rule generally bars using prior or contemporaneous oral or written statements to contradict or change a final written contract. Courts apply it to protect the integrity of integrated agreements, with key exceptions like fraud, mistake, ambiguity, or later modifications. This article explains the rule, common exceptions, and how it affects contract interpretation

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