How Do You Spell PAROL EVIDENCE RULE?

Pronunciation: [pˈaɹɒl ˈɛvɪdəns ɹˈuːl] (IPA)

The Parol Evidence Rule is a legal principle that limits the types of evidence that can be admitted in court to modify or contradict the terms of a written agreement. The spelling of "parol" is derived from the Middle English word "parole," meaning "spoken," and is pronounced as /pəˈrəʊl/. The word "evidence" is derived from the Latin word "evidentia," meaning "clearness, proof," and is pronounced as /ˈɛvɪdəns/. Together, the phrase is pronounced as /pəˈrəʊl ˈɛvɪdəns ruːl/. This rule plays a significant role in contract law, as it provides a framework for determining the validity and enforceability of written agreements.

PAROL EVIDENCE RULE Meaning and Definition

1. The parol evidence rule is a legal doctrine that restricts the introduction of extrinsic evidence, such as oral or written communications, that seeks to alter, contradict, or add to the terms of a written contract that has already been agreed upon by the involved parties. In essence, it prohibits the introduction of any evidence beyond the four corners of a written contract, meaning that parties cannot introduce evidence of prior oral or written agreements to vary or contradict the terms of the written contract.

   The parol evidence rule is based on the principle that written agreements serve as the best evidence of the intentions and agreements between the parties. It aims to promote certainty, finality, and stability in contractual relationships by preventing potential disputes arising from conflicting or ambiguous terms.

   However, there are exceptions to the parol evidence rule, such as when the written contract is ambiguous or incomplete, or when there is an allegation of fraud, mistake, duress, or illegality. In such cases, extrinsic evidence may be allowed to clarify or interpret the terms of the contract.

   Overall, the parol evidence rule plays a significant role in contract law, ensuring that parties are generally bound by the terms of a written contract and preventing them from introducing external evidence that may compromise the written agreement they have previously reached.

Common Misspellings for PAROL EVIDENCE RULE

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