Contratos y EjecuciónPregunta 842 de 1605

A written contract contains a clause stating, 'This document is the entire and final agreement of the parties, and no other promises apply.' This is known as:

a.An arbitration clause
b.A force majeure clause
c.An integration (merger) clause
d.A liquidated damages clause

Explicación

A clause declaring that the written document is the complete and final agreement is an integration or merger clause. It signals the parties intended the writing to be fully integrated, strengthening application of the parol evidence rule to exclude prior or contemporaneous outside promises. It is not a force majeure clause (uncontrollable events), a liquidated damages clause (pre-set damages), or an arbitration clause (dispute forum); its function is to establish finality of the writing.

Practica las 1605 preguntas gratis — sin registro.

Preguntas relacionadas de este tema

Última revisión: · proceso editorial

Sen Lin, Fundador de PrepPass · Verificado con California CSLB Contractor License Law & Business Exam · Cómo revisamos
Revisado por Abraham Chen Licensed California General Contractor (CSLB License #1101856 verificar)
Reportar