Explanation of the parol evidence rule

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Reference no: EM131033011

Where a written contract exists, Australian courts do not and should not provide remedies for failure to fulfil verbal promises made during contract negotiations, unless those promises are included in the written contract.

Discuss the accuracy of this statement.

Your answer should include an explanation of the ‘Parol Evidence Rule' and the relevant exceptions, in particular partly written/partly oral contracts, as well as the concept of ‘collateral contracts' and how each relates to the above statement with reference to the relevant cases.

You must use a number of reputable academic sources outside of the prescribed text and follow the AGLC guide for footnotes and bibliography.

Reference no: EM131033011

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