Business people often sign written agreements on the oral assurance that some of the terms of the written agreement will not be enforced.To sign under written agreements in these circumstances is imprudent because of

Question

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The parol evidence rule prohibits the introduction of evidence of oral agreements that contradicts the terms of a written agreement. Therefore, relying on oral assurances that contradict the written agreement can be risky as those terms may not be enforceable.

Business People Often Sign Written Agreements on the Oral Assurance