Which of the following clauses seeks to blend other agreements either into a final agreement or into something explicitly identified as being outside the final agreement?Multiple choice question.A merger clauseAn arbitration clauseA statute of limitations clauseA force majeure clause
Question
Which of the following clauses seeks to blend other agreements either into a final agreement or into something explicitly identified as being outside the final agreement?Multiple choice question.A merger clauseAn arbitration clauseA statute of limitations clauseA force majeure clause
Solution
The clause that seeks to blend other agreements either into a final agreement or into something explicitly identified as being outside the final agreement is A. A merger clause. This clause is often used in contract law to specify that the written terms cannot be contradicted or supplemented by evidence of prior agreement or contemporaneous oral agreement.
Similar Questions
The purpose of a merger clause is to: Blank______.Multiple choice question.place a contract under a foreign jurisdiction and give notice to both partiesmerge two contracts togethergive direction to a judge that the written contract is intended to be the final and complete statement of the agreementgive either party an opportunity to rescind the contract
Parties to a legal dispute may decide to arbitrate that dispute by entering into a Blank______.Multiple choice question.submission agreementconsent judgmentreleasemediation accord
Multiple Choice QuestionA(n) ______ occurs when one company purchases the property and obligations of another.Multiple choice question.acquisitionvertical mergerhorizontal mergerbuyout
Multiple Choice QuestionThe European Union has been considering a directive that would offer Blank______ as a dispute resolution option for companies doing business in Europe.Multiple choice question.med-arbmediationbinding arbitrationnon-binding arbitration
Multiple Choice QuestionA(n) Blank______ clause is a provision in a contract mandating that all disputes be settled by a binding decision.Multiple choice question.choice of forumnegotiationmediationarbitration
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.