Which of the following is true of the parol evidence rule?

Question

Quizplus · Accepted Answer

The parol evidence rule states that a party cannot introduce evidence of prior or contemporaneous oral or written agreements that contradict the terms of a written contract. Therefore, option B correctly describes the rule. Option A is incorrect because the parol evidence rule is not specific to no-competition clauses. Option C is incorrect because the parol evidence rule is distinct from the statute of frauds, which requires certain contracts to be in writing. Option D is incorrect because the parol evidence rule is not directly related to unjust enrichment.

Which of the Following Is True of the Parol Evidence