Contracts
A NJ purchase contract's 'merger clause' states that the written contract represents the entire agreement of the parties. This means:
AVerbal agreements made before or during negotiations are also binding
BPrior verbal or written agreements not included in the final contract are superseded and not enforceable✓ Correct
CThe contract may be modified verbally after signing
DThe attorney review period is waived
Explanation
A merger clause (integration clause) specifies that the written contract is the complete and final agreement, superseding all prior negotiations, representations, and agreements. It prevents parties from relying on 'side deals' not included in the written contract.
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