Business Law Essay

Submitted By oladayoh
Words: 316
Pages: 2
Open Document
The Parol Evidence Rule The parol evidence rule is a part of substantive common law rule in cases that avoids a party to written contracts. Those written contract are from presenting outside evidence that adds to agreement emerges to be whole. The word parol was basically came from French, and the supporting evidence is that if the contract parties agreed and formed a single and final agreement or writing, the evidences from outside, or evidences from past agreement procedures are not eligible to change the current agreement or written documents. So the evidences from past agreements need to leave them out of the contract. Admissible evidence is any kinds of testimonial, documented papers, or solid evidence that may be presented to a discoverer (it is usually a judge or jury) in order to create or to encourage a point put forth by a party to the proceeding. Plus, in order those evidences to be admissible, it has to be relevant, without being prejudicial, and it needs to have some dependability. However, sometimes evidence we gathered is not admissible. Settlement agreements occurred from result of mediation could be one of the examples. Meditation could be not admissible unless settlement agreements describe parties intended agreement be binding or otherwise enforceable. Even though legislature did not necessarily ask a specific form, there must be some of written and signed by parties in meditation. Moreover, those documents need to indicate the agreement is affective
Show More

Related Documents: Business Law Essay

Canadian Business And The Law

Study Guide to accompany Canadian Business and the Law, 5th edition Chapter 6 CHAPTER 6 FORMING CONTRACTUAL RELATIONSHIPS Objectives After studying this chapter, you should have an understanding of • how negotiations lead to a contractual relationship • how negotiations can be terminated • the legal ingredients of a contract • how contracts can be amended or changed Learning Outcomes • • • Understand how business negotiations can result in the formation of a contract or terminate without legal…

Words 3867 - Pages 16

Business Law Paper

Business Law Term Paper Legal Analysis of Dating Site User Agreement Chosen Site: eHarmony BUSI 2601B Dr. G. Levasseur March 8th, 2015 Table of Contents I Executive Summary 1 II Introduction 3 Overview and Objectives: 3 Methodology: 3 Business Relationship: 5 III Clausal Description and Explanation 6 Document 1: Privacy Policy (3 pages) 6 Document Two: Terms of Service (five pages) 18 IV Application of Legal Principles 32 V Lessons Learned, Recommendations and Example Scenario 46…

Words 15495 - Pages 62

Essay on Business Law

Business Law “The doctrine laid down in Salomon v Salomon & Co Ltd [1897] AC 22 has to be watched very carefully. It has often been supposed to cast a veil on the personality of a limited company through which the courts cannot see. But that is not true. The courts can, and often do, draw aside the veil. They can, and often do, pull off the mark. They look to see what really lies behind” - Lord Denning in Littlewoods Mail Order Stores v Inland revenue Commissioners [1969] 3 All ER 422.…

Words 1964 - Pages 8

Business Law Essay

Resources in a Business Context BUS 746 Law Assignment 1A Amit Bhanot S12003170 Question Two ‘Equally, it is recognized that the formal and rather intimidating atmosphere of the ordinary courts is not necessarily the most appropriate one in which to decide such matters. Even where the dispute cannot be resolved internally. In recognition of this fact, various alternatives have been developed specifically to avoid the perceived shortcomings of the formal structure of law and court procedure…

Words 2072 - Pages 9

Law and Business Essay

Tiffany Ly Business Law February 11, 2011 Robinson Law and Business Natural law is one of the oldest of its kind. The natural law theory believes that there is a higher law and it applies to all human beings and if a law is unjust then it does not have to be obeyed. Natural law is based on fairness and equity and this can easily relate back to the world of business. One major question that lies in international business is whether or not foreign employees should have the same protection…

Words 620 - Pages 3

Business Law Essay

Business Law Law- the body of rules that can be enforced by the courts or by other government agencies. Sophisticated Client- Person who understands the role of a lawyer and knows when to represent himself/herself and when to get the help of a lawyer. They understand the cost associated with a lawyer and how the process works. Legal Aid- Legal help for people who cannot afford a lawyer. Civil Law- A list of codes that judges apply to cases. Common Law- Law based on past decisions made by the…

Words 1269 - Pages 6

Business Law Assignment

Business Law Assignment 001 Student Number: 1307312 Business Law Assignment 001 Student Number: 1307312 Contents Introduction Page 3-4 Main Body Page 5-8 Conclusion…

Words 1667 - Pages 7

Introduction To Business Law

Introduction To Business Law Coursework Assignment II This writing is presented to discuss, argue and justify the dealings of Peter Piper with Paris Sheraton, Britney Arrow, Microwave Madness Ltd and the fire fighters as presented in the question. I will start by discussing the Paris Sheraton case. The display of the bright pink vacuum cleaner as it applies to this case is an invitation to treat. Invitation to treat legally is an incitement to make an offer; the offer made is subject to acceptance…

Words 1612 - Pages 7

Essay on Business Law

the Congress can regulate a local business if doing so is in the national interest. This includes situations where the actions of many small businesses taken together could have an inter-state effect. In Heart of Atlanta Motel v. United States case, the court decided that a local hotel would have to comply with federal stature and follow the requirements of the Civil Rights Act of 1964, because it is part of the commerce/travel. Even though it is a local business, the Congress has the power to regulate…

Words 2277 - Pages 10

Business law Essay

Associate Degree in International Business -International Business Law- Teacher: Annie Everett Student: Terrence Catsourakis ID: 0919448 Turnitin Paper ID:204191110 1. Does the transaction have a sufficient connection with States that have ratified the United Nations Convention on Contracts for the International Sale of Goods (Vienna Convention) so that its provisions will govern the contract? The Vienna Convention applies to contracts of the sale of goods between parties…

Words 1813 - Pages 8