The following excerpt is from Gem Corrugated Box Corp. v. NATIONAL KRAFT CONTAIN. CORP., 427 F.2d 499 (2nd Cir. 1970):
In short, defendants' reliance upon the parol evidence rule is misplaced, for the stock agreement and not the requirements contract was the "principal transaction." Mitchill v. Lath, supra; see also Fogelson v. Rackfay Construction Company, 300 N.Y. 334, 338, 90 N.E.2d 881, 882-83 (1950). Indeed, it would appear that the parol evidence rule simply has no application in these circumstances; the oral agreement does not serve to vary or modify the engagement of the parties with respect to the terms of purchase of box materials.
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