Parol Evidence: Definition, Example and Related Terms
What is Parol Evidence ?
For example, if two businesses create a written sales contract after negotiating several terms orally, parol evidence refers to any of those oral negotiations not captured in the written agreement. Under most circumstances, these cannot be used to challenge or change what was finally written unless exceptions apply, like addressing ambiguities or instances demonstrating fraud, mistake, or duress.
Understanding the limitations posed by parol evidence is essential for contract managers and legal professionals, as it underscores the importance of ensuring that all significant terms and conditions are included in the final written agreement. A clear awareness of what can and cannot be considered in potential disputes can inform how contracts are drafted and negotiated, ultimately serving to protect all parties involved from unintended obligations or interpretations.
Example(s)
Scenario Description A buyer and seller negotiate over the phone and verbally agree that the seller will include a free warranty. When they later draft a written sales contract, the warranty is not mentioned. If a dispute arises, the buyer cannot usually use parol evidence of the oral agreement to add the warranty to the contract. Two companies settle a service agreement, but verbally agree on additional training sessions. If the written agreement does not include these training sessions, attempting to enforce them later using parol evidence would likely be ineffective unless exceptions apply like clarifying an ambiguity.