BUSA 690 Lecture Notes - Lecture 10: Parol Evidence Rule
25 Apr 2013
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People may be held responsible for misrepresentations, even if they did not say anything, if. An exception to the parol evidence rule may arise if. Additional information is required in order to rectify a mistake. Depending upon the circumstances, such clauses may be enforced even if the party who wants to sue for breach did not read the clause. During the pre-contractual negotiations, dickie said, based on past experience, he expected that the business would earn approximately. After that statement was made, but before the contract was signed, Dickie learned that the manufacturer that supplied his business with the materials that it needed was going out of business. Dickie realized that, because of the need to purchase materials from another manufacturer, his business could only be expected to earn . 000 per year, regardless of whether it was run by himself or by jacqui.
