TechSolutions Inc. and Innovatech LLC enter into a written agreement for the development of a software application. The contract outlines the project scope, deadlines, and payment terms. After signing, TechSolutions claims that Innovatech verbally agreed to provide additional resources to expedite the project. Innovatech insists that the written contract is the complete and final agreement. Under the parol evidence rule, which statement is correct regarding the admissibility of the verbal agreement?
The written and verbal agreements have different levels of enforceability.
The verbal agreement is admissible to change the written contract.
The verbal agreement can influence the interpretation of the written contract.
The verbal agreement can modify the written contract's terms.
The correct answer is that the verbal agreement can influence the interpretation of the written contract. The parol evidence rule generally prohibits external evidence from altering the terms of a fully integrated written agreement, but it allows such evidence to clarify ambiguities within the contract. Therefore, while the verbal agreement cannot modify the contract's terms, it can aid in understanding the parties' intentions if the written terms are unclear.
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