Contracts
A Kentucky purchase contract contains a 'merger' clause stating it is the entire agreement between the parties. This means:
AThe buyer and seller are merging companies
BPrior oral or written agreements are superseded by the written contract✓ Correct
CThe property and adjacent lots are being merged into one parcel
DThe buyer's and seller's brokers are merging into one firm
Explanation
An integration (merger) clause states that the written contract is the complete and final agreement, superseding all prior oral or written negotiations and agreements.
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