Jentz 11e-IM-Ch15 - Chapter15 Title BusLawSeal.eps Creator...

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Chapter 15 The Statute of Frauds— Writing Requirement    See Separate Lecture Outline System I NTRODUCTION This chapter covers two distinct concepts: how the Statute of Frauds affects the enforceability of a contract, and how the parol evidence rule excludes outside evidence offered to modify a contract. A contract that is otherwise valid may be unenforceable if it is not in the proper form—certain types of contracts are required to be in writing. If a contract is required by law to be in writing and it is not, it may not be enforceable. When a contract has been put in writing, and a dispute arises that ends up in court, the parties may not introduce evidence of prior written or oral negotiations or promises or contemporaneous oral agreements that contradict the contract terms. This is the parol evidence rule. For it to apply, the parties must have intended their writing to be their final agreement. Of course, as with the other concepts covered in this chapter, there are
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