Contracts
In Alaska, a purchase agreement is modified by both parties through a signed addendum. This addendum:
AReplaces and supersedes all prior negotiations only if it so states
BBecomes part of the contract and has equal legal weight✓ Correct
CIs binding only on the party who proposes it
DRequires separate consideration to be valid
Explanation
A written addendum signed by all parties becomes part of the purchase agreement and has the same legal effect as the original contract. Addenda can add, modify, or delete terms. They do not require separate consideration since the mutual agreement of the original contract provides the consideration.
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