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White Paper

7 Pages
  • 7 Pages

Use of Terms and Conditions in Purchase Agreements: Merger Clauses

 

Learn how a merger clause can transform a partially integrated agreement into a completely integrated agreement.

Merger clauses are overlooked and misunderstood, which can expose your clients to staggering risk. To discuss merger clauses, the parol evidence rule also needs to be talked about because it hovers over every contract that is entered into. Despite its name, the parol evidence rule is not a rule of evidence but of substantive law. This white paper reviews the purpose behind the parol evidence rule and discusses how merger clauses fit into contractual provisions and offers tips to use merger clauses to exclude fraud.

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Use of Terms and Conditions in Purchase Agreements: Merger Clauses

Agenda

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Use of Terms and Conditions in Purchase Agreements: Merger Clauses

Faculty

Timothy Murray

Timothy Murray

Murray, Hogue & Lannis

  • Partner in the law firm Murray, Hogue & Lannis, Pittsburgh, PA
  • Practice emphasizes contract law
  • Conducts regular seminars on the law of contracts
  • Author volume 1 of Corbin on Contracts (revised edition, 2018), Co-author of Corbin on Contracts Desk Edition and the biannual supplements to Corbin on Contracts
  • Member of the Pennsylvania Bar
  • J.D. degree, University of Pittsburgh
  • Can be contacted at [email protected]
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Use of Terms and Conditions in Purchase Agreements: Merger Clauses

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