Chapter 15 B Law

Chapter 15 B Law - LSB 3213 T. Urich th 10 Edition Chapter...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
LSB 3213 – T. Urich 10 th Edition Chapter 15 - Statute of Frauds Introduction: This section examines the five types of contracts that must be in writing to be enforceable, what constitutes a writing, and the Parol Evidence Rule. The Parol Evidence Rule is a rule of evidence rather than a rule of contract formation. It governs what evidence will be admissible in court when there is a disagreement about the terms of a contract. Parol evidence refers to oral statements made by the contracting parties prior to the signing of the contract. This evidence will not be allowed in court if it conflicts with the writing of the contract or if the contract is complete (fully integrated). Parol evidence is allowed if the writing is incomplete and the evidence does not contradict the writing. I. Statute of Frauds A. Contract Involving Interests in Land Michel v. Bush (2001) 1. Lease of less than one year B. The One-Year Rule 1. A contract that cannot possibly be performed within one year must be in writing
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

Chapter 15 B Law - LSB 3213 T. Urich th 10 Edition Chapter...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online