What does "parol" refer to?

"Parol" refers to a spoken word or an oral statement. This term is often used in legal contexts to indicate agreements or representations that are made verbally, as opposed to those that are documented in writing. The significance of understanding "parol" lies in its application in law, particularly in terms of the enforceability of oral contracts. In many legal situations, the distinction between parol agreements and written contracts can influence the outcome of disputes.

Other choices do not accurately capture the meaning of "parol." The terms related to “notwithstanding,” “by a hundred,” and “we shall no longer prosecute” pertain to different contexts and do not convey the concept of spoken communication that "parol" represents.