Define the parol evidence rule and what is legal remedy

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Reference no: EM131723420

Assignment

1. The courts sometimes will reform contracts when they determine that there are inconsistencies in the contract or that the contract does not reflect the actual agreement between the parties, even against the objections of one of the parties.

What are the legal concepts that allow a court to do this?

2. Parol Evidence Rule

A) Define the parol evidence rule.

B) Explain the eight (8) exceptions to the rule.

3. Before suing for breach of contract, what factors should be considered (list at least five (5)?

4. Remedies

What is a legal remedy?

Define and provide an example of each of the following legal remedies.

Reference no: EM131723420

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