Reference no: EM132787928

Problem 1: Which of the following would be admissible under the parol evidence rule? Assume the written contract was made on June 1, 2010, and that it is an integrated document.

a. A letter dated July 9, 2010, reciting agreement to new delivery terms
b. A chart showing the dates for delivery written on August 16, 2009
c. A copy of common carrier rules on the duty of delivery persons for uncrating merchandise, which is dated December 1, 2006
d. A copy of two letters while the parties were in the negotiation stage of their contract which showed agreement to a term not included in the June 1, 2010 contract

Problem 2: Stan has a typed copy of a contract, which he would like to have Todd sign. Todd, who needs glasses to read typing, doesn't want to sign until he has read the document, but Stan convinces Todds to sign it anyway, because it is a "standard" contract for this type of situation. Is the contract which Todd signed binding upon him?

a. Yes, because he has made a unilateral mistake of law
b. Yes, because he was negligent in not ascertaining its contents
c. No, because he did not read it
d. No, because he entered into it based upon fraud in the execution