Question
4) When is the Parol Evidence Rule not applicable? A. There are implied terms that needs to be satisfied for there to be a contract
4) When is the Parol Evidence Rule not applicable?
A. There are implied terms that needs to be satisfied for there to be a contract
B. There are statutory rules that has to be abided by for there to be a contract
C. There is a pre-existing custom with regards to how the contract can be enforced
D. All of the above choices
Which of the following statements is incorrect?
A. The remedies of the innocent party for breach of a warranty depend on the seriousness of the breach
B. The remedies for breach of a condition are repudiation and damages
C. The likely remedy for breach of an innominate term cannot be assessed at the outset of a contractual relationship
D. The remedy for breach of warranty is a legal one and therefore available as of right
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started