The parol evidence rule applies only to integrated contracts, meaning those in which the
parties have assented to the written agreement as the statement of the complete
agreement between them.
List the implied warranties imposed by law on an assignor who has received value with
respect to the assignee and the assigned right.
Kartov Corporation is in the business of developing pharmaceutical products. It uses a
number of highly technical secret processes in its business. Martin worked for the
company for five years and then left after an argument with one of the vice presidents
of the company. He went to work for one of Kartov’s competitors, which has begun to
market similar products that seem to have been produced using the secret processes
developed and used by Kartov. What, if any, recourse does Kartov have under the
circumstances?
The person to whom an offer is made is an offeree.
Article 4 of the UCC, entitled “Bank Deposits and Collections” provides the principal
rules governing bank collection practices.