There is no difference between the breach of a promise and the failure, or non-happening of a condition: they are the same.
TRUE OR FALSE
Each term or provision of a contract is interpreted and construed separately.
TRUE OR FALSE
The theory of the parol evidence rule is the parties to a written contract will expressly state all terms in their contract.
TRUE OR FALSE
1 - False
The given terms are interpreted separately are are not the same. The breach of the promise and the failure to perform the promise are two different aspects.
2 - True
Each term of the contract must seperately be looked in order to ensure that all the terms of the contract are met.
3 - False
The parol evidence rule states that any evidence from outside cannot be added into the contract after the contract has been made and all the terms have been specified.
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