What is the parol evidence rule and why is it important?

The parol evidence rule is an important concept in contract law in Arizona. It basically means that parties to a contract are not allowed to offer evidence from outside the written contract that contradicts or changes the terms of the agreement. The rule is important because it ensures that contracts are enforceable and can be relied upon by the parties. The parol evidence rule is based on the idea that the written contract should be taken as it is because the parties have already agreed to it. If evidence of oral discussions or other agreements are allowed to be entered as evidence into a contract dispute, then the written contract is not reliable. This means that parties will not be able to rely on the terms and conditions that were agreed upon. The parol evidence rule does not apply to contracts that are vague or incomplete. For example, if a party argues that they had an oral agreement with the other party to provide goods or services at a certain price, then that oral agreement may be allowed to be entered as evidence in a contract dispute. In Arizona, the parol evidence rule is important because it helps ensure that the parties to a contract understand and abide by the terms of the agreement. By limiting outside evidence, it helps prevent any disputes and confusion.

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What is the parol evidence rule and why is it important?

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