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The Parol Evidence Rule, often confused with criminal parole, pertains to contract law. It prohibits parties to a written contract from introducing external evidence that contradicts, modifies, or alters the terms of the finalized agreement. For instance, in a home sale agreement specifying a price of $500,000, the buyer cannot present evidence of a prior agreement stating a price of $400,000 or including a car in the deal. Essentially, the rule emphasizes that outside evidence cannot be used when a written contract exists. However, it is important to note that this doctrine has numerous qualifications.
