Unformatted text preview: possible meanings, the one that turns out to be to his advantage. Parol evidence rule – prevents a party from adding a term previously agreed upon in negotiations but not included in the final written contract, (parol – extrinsic to, outside the contract) Implied term – not expressly included by the parties in the agreement but which, as reasonable people, they would have included had they thought about it 1 Courts will imply terms to make contract effect, if not the fair expectations of a party would be defeated (Moorcock case) 2 Courts will not imply a terms that is contrary to the expressed intent of the agreement. 3 Courts will not go further than is necessary and will not make a new contract for the parties....
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- Spring '10
- Contract Law, Parol evidence rule, final written contract, courts construe words, Contra proferentum