Sid induces Ty to enter into a contract for the sale of a warehouse.Sid tells Ty that he is the sole owner,but their signed,written contract lists Sid's parents as co-owners.The parol evidence rule governs

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The parol evidence rule governs the admissibility in court of oral evidence to supplement or contradict the terms of a written contract. In this case, if Ty were to argue that Sid made false representations about sole ownership, he would need to present oral evidence, which would be subject to the parol evidence rule. However, if the issue was whether the written contract accurately reflected the parties' agreement, the parol evidence rule would also be relevant.

Sid Induces Ty to Enter into a Contract for the Sale