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...stupid business law homework.? I feel stupid this is the second question I've asked on here today about this stupid business law homework. It's driving me crazy please help me
Cy and Val sign a contract which says, "Cy and Val agree on this day of June 12, 1999 that Cy will buy Val's mouse for $40,000. This is a final agreement of the two parties." Cy had intended to buy Val's house not her mouse, but there had been a misprint on the contract and neither Cy nor Val had noticed it. Later, Val realizes that there is an error on the contract. She brings it to Cy's attention, and tells him that, in accordace with the signed contract, she expects Cy to give her $40,000 for her pet mouse. In court, Cy calls some of his friends to stand and testify that Cy had all along intended to by a house, not a mouse, and that there had been a mistake in the contract. Val agrues that the testimony of cy's friends is barred by the parol evidence rule. Can Cy's friends testify? Why or why not?
THANK YOU IN ADVANCE!!!!
Cy and Val sign a contract which says, "Cy and Val agree on this day of June 12, 1999 that Cy will buy Val's mouse for $40,000. This is a final agreement of the two parties." Cy had intended to buy Val's house not her mouse, but there had been a misprint on the contract and neither Cy nor Val had noticed it. Later, Val realizes that there is an error on the contract. She brings it to Cy's attention, and tells him that, in accordace with the signed contract, she expects Cy to give her $40,000 for her pet mouse. In court, Cy calls some of his friends to stand and testify that Cy had all along intended to by a house, not a mouse, and that there had been a mistake in the contract. Val agrues that the testimony of cy's friends is barred by the parol evidence rule. Can Cy's friends testify? Why or why not?
THANK YOU IN ADVANCE!!!!