The parol evidence rule refers to the:
A) oral evidence given by the defendant during a hearing.
B) idea that when the parties have expressed their agreement in a complete, unambiguous writing, the writing is the best evidence of their intent.
C) rule that perjury in criminal sentences is a non-bailable offense.
D) use of the equitable doctrine of promissory estoppel to prevent parties from seeking compensation under the statute of frauds.

Question

Quizplus · Accepted Answer

The parol evidence rule refers to the idea that when the parties to an agreement have expressed their agreement in a complete, unambiguous writing, the writing is the best evidence of their intent. This is generally true since the terms of the writing are known and irrefutable, whereas oral statements by the parties after a dispute has arisen regarding what they had agreed to may be affected by faulty memory, wishful thinking, or outright bad intent.

The Parol Evidence Rule Refers to The