The parol evidence rule:
A) applies to complete written contracts.
B) prevents proof of fraud.
C) applies to incomplete contracts.
D) is not designed to preserve the integrity of written contracts.

Question

Quizplus · Accepted Answer

The parol evidence rule applies to complete written contracts and prevents evidence of prior or contemporaneous oral or written negotiations or agreements that contradict, alter, or vary the terms of the complete written contract. Its purpose is to preserve the integrity of written contracts by ensuring that their terms are not undermined by evidence of previous negotiations or understandings. It does not necessarily prevent proof of fraud, but it does limit the types of evidence that can be used to establish fraud, mistake, or other grounds for rescinding or reforming a contract. It does not apply to incomplete contracts, which may be supplemented or modified by subsequent negotiations or writings.

The Parol Evidence Rule