Common Law Contracts: Parol Evidence and Extrinsic Evidence

This episode provides an overview of the parol evidence rule and extrinsic evidence. The Parol Evidence rule is a substantive rule that regulates the introduction of evidence in a lawsuit challenging the existence of a particular term in a contract. it prevents parties from introducing evidence of prior oral or written agreements or contemporaneous oral agreements that contradict a term in a written contract. The purpose of this rule is to prevent fraud at trial. The episode also discusses extrinsic evidence, which is outside evidence used to explain a term.


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