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Business Transactions
- Product Labeling Law: ANSI, UL, CPSC - Some Thoughts for Product Importers and Distributors
- Buying a Car Wash In NY or NJ: Some Thoughts for Purchasers
- Buying a Gas Station or Car Wash you Need Landlord Consent - No Matter What the Lease Says
- $22 Million New York City Entrepreneur Fund Created for Starting Businesses in New York City
- Small Business Commercial Lease Agreements in New York: Limiting your Personal Guaranty may Not be Enough
Legal News
- "Must Use" Online Resources When Buying a Business or Franchise...
Posted on 1/13/2011
Library
Business Transactions
- CPSC Reporting Requirements: Knowing When to Report a Product Defect
- Three Things You Need to Remember About Your Product Warranties
- FTC's "Environmental" Marketing Rules: What Manufacturers, Distributors and Franchisors Need to Know
- Proposition 65: Information that Product Manufacturers and Distributors Need to Know
- Prop 65 Warning Requirements for Product Manufacturers and Distributors
What is a "Merger Clause".
A: A "merger clause" is an important provision added to a written business agreement. The purpose of a merger clause is to limit future litigation by preventing a party to a contract to excuse his or her default by claiming that he or she was misled prior to signing the contract. The merger clause basically states that the parties to the business agreement have "not" relied on any "oral statements" or representations and that any and all representations between the parties are contained, in writing, in the Agreement.
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