A contract term stating that the written agreement contains the parties' full understanding and intent is known as _____.
A) integrated contract
B) merger clause
C) main purpose doctrine
D) reformation
E) non-disclosure clause

Question

Quizplus · Accepted Answer

A merger clause is also known as an integration clause, and it is a standard clause in contracts that specifies that the written agreement represents the complete and final agreement between the parties, superseding any prior negotiations, promises, or representations. The purpose of this clause is to prevent the parties from asserting claims based on prior discussions or agreements that were not included in the final written document.

A Contract Term Stating That the Written Agreement Contains the Parties