Question
Eugenie and her husband, Vladimir, executed a written contract with Rasputin Auction Co. to auction their furnishings. The six-page contract provided a detailed summary of
Eugenie and her husband, Vladimir, executed a written contract with Rasputin Auction Co. to auction their furnishings. The six-page contract provided a detailed summary of the parties' agreement. It addressed the items to be auctioned, how reserve prices would be determined, and the amount of Rasputin's commission. When a dispute arose between the parties, Eugenie and Vladimir sued Rasputin for breach of contract, asserting that, before they executed the contract, Rasputin made various oral representations that were inconsistent with the terms of their written agreement. Assuming that their written contract was valid, can Eugenie and Vladimir recover for breach of an oral contract?
a.
Yes because it would not be fair to exclude all relevant information.
b.
No, because the document is complete and final and therefore, the Parol Evidence Rule will not allow extrinsic evidence (such as evidence of prior negotiations) to interpret it.
c.
Yes because it is obvious that Eugenie and Vladimer would not have entered into the contract if they thought Rasputin wouldn't keep his word.
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