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In Hoyts Ltd v Spencer (1919) the Court mentioned various situations where the Parol Evidence Rule could be avoided, one of which was to prove

In Hoyts Ltd v Spencer (1919) the Court mentioned various situations where the Parol Evidence Rule could be avoided, one of which was to prove the existence of a collateral contract.

The legal rule that came out of the case of Hoyt's Ltd v Spencer was to clarify how to create a valid Collateral Contract. Discuss the rules around each of the three elements.

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