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The Parole Evidence Rule is a contract law doctrine that prevents parties from introducing extrinsic evidence to alter or contradict the terms of a written contract once it is deemed complete. For instance, in a home sale agreement stating a price of $500,000, the buyer cannot present evidence of a prior conversation suggesting a price of $400,000 or additional inclusions like a car. Essentially, this rule restricts the use of outside evidence when a written contract exists, although it has various qualifications and exceptions.