Note on the Parol Evidence Rule

If a written contract contains an incorrect price term that differs from the parties' prior agreement, the error may constitute a mistake in integration, allowing parol evidence to reform the contract. Additionally, if the agreement omits terms such as the time for performance or lacks a merger clause, courts are more likely to treat the contract as only partially integrated, permitting supplementary evidence consistent with the written terms.

Previous
Previous

Condition Precedent

Next
Next

Parol Evidence Rule