True or False: The parole evidence rule applies to all forms of contracts equally?

The statement is false because the parole evidence rule does not apply equally to all forms of contracts. This rule primarily concerns the admissibility of evidence outside of a written contract to interpret or modify the terms of that contract. Generally, the parole evidence rule is most relevant to written contracts, as it aims to uphold the integrity of those written agreements by limiting the introduction of external evidence that could alter or contradict the established terms.

In practice, when dealing with verbal contracts, the application of the parole evidence rule is less clear. Since verbal contracts are not documented, the need or ability to refer to external evidence doesn't typically arise in the same way. This highlights that the rule is tailored largely to written contracts where extrinsic evidence might seek to change or contradict the contents of the document.

Thus, stating that the parole evidence rule applies to all forms of contracts equally is inaccurate. Its primary impact is found in the realm of written agreements, solidifying the intent behind those documents and ensuring clarity in contractual relationships.