CONTRACT NOTES PART II
THE PAROL EVIDENCE RULE
Parol Evidence Rule: A substantive rule of contract law
under which a court will not admit evidence of the parties
prior negotiations, prior oral or written agreements, or
contemporaneous oral agreements if t
Business Law Legal Opinion Notes
-The opinion explains what the case is about, discusses the relevant legal
principles, and then applies the law to the facts to reach a ruling in favor of
one side and against the other.
-A citation tells you the name of t
CONTRACT VS. PROMISE
Promise: A persons declaration that something will or will
not happen in the future.
Promisor: The person making the promise.
Promisee: The person to whom the promisor made the
Contract: An agreement between tw
ADMINISTRATIVE LAW: AN INTRODUCTION
Administrative Law is the body of rules, orders, and
decisions issued by administrative agencies, such as the
federal Securities and Exchange Commission or a states
public utilities commission.
Enabling Legislation: Leg