We have finished with defenses and excuses. However, before we move on to breach, we need to make sure we've nailed down the terms of the contract and the meaning of those terms. After all, we can't determine whether a party has breached unless we know exactly what the promised to do in the first place.

This lesson covers the parol evidence rule. The rule addresses situations where the parties have executed a written contract and one of them is now seeking to offer evidence of something external to the written contract for purpose of adding or changing a term of contract from what the written contract reflects.

Chapters
00:00 - Introduction
01:09 - Typical factual scenario for parol evidence rule
03:44 - A working example
10:06 - Walking through the 4 steps of the parol evidence rule
10:19 - (1) Parol evidence issue?
11:26 - (2) Determining integration
23:16 - (3) Admissibility of evidence
30:44 - (4) Exceptions
38:58 - Recap and flowcharts
46:32 - Conclusion/Outro