BLAW 2301 Lecture Notes - Lecture 25: Parol Evidence Rule, Contract, Vagueness
Document Summary
The common law statute of frauds: what the writing must contain. Reasonable certainty: needs to be certain and complete. Electronic contracts and signature: e-signatures valid in all 50 states, certain documents still require a traditional (non-electronic) signature. Ucc 500 or more, it needs to be written signature. Integrated contract writing that the parties intend as the final, complete expression of their agreement. The parol evidence rule: parol evidence to contradict, vary or add to its terms. Someone fills up your gas and says he will fill your gas. Exception: an incomplete or ambiguous contract: permit parol evidence. A third party beneficiary is someone who was not a party to the contract but stands to benefit from it: exm. Kenaan thompson came, i am 3rd party beneficiary. But send the check to sally, she is the beneficiary of the contract: can sue on the contract* Sally can sue if the person doesn"t pay.
