Kramer and Biff entered into a formal purchase and sale agreement with respect to Kramer's house.Two weeks later Biff revisited Kramer and offered to purchase all of Kramer's custom yard and deck furniture too.The price Biff offered was $2500 more than the last offer Kramer had received,and he accepted the offer.In these circumstances,were a dispute to ensue,what role would the parole evidence rule play?

Question

Quizplus · Accepted Answer

The parole evidence rule is a legal principle that prohibits the introduction of extrinsic evidence that contradicts or varies the terms of a written agreement that is intended as a complete expression of the parties' agreement. In this case, the written agreement between Kramer and Biff relates to the purchase and sale of Kramer's house, while the oral agreement concerns the purchase of custom yard and deck furniture. Since the contracts are separate and distinct, the parole evidence rule would play no role as there is no attempt to vary or contradict the terms of the written agreement with the introduction of the oral agreement. Therefore, the best answer is D.

Kramer and Biff Entered into a Formal Purchase and Sale