Question: Reese and Cameron enter into a contract with one another for the delivery of food products. After careful negotiations, the parties specify that in the

Reese and Cameron enter into a contract with oneReese and Cameron enter into a contract with one

Reese and Cameron enter into a contract with one another for the delivery of food products. After careful negotiations, the parties specify that in the event of non-conforming goods, the seller (Reese) is responsible for notifying the buyer (Cameron) of all defects. As part of their deal, the parties agree to the following clause in the contract's terms and conditions: This Agreement contains the entire agreement between the Parties to this Agreement relating to the settlement and transactions contemplated hereby, and supersedes any and all prior or contemporaneous agreements, negotiations, understandings and statements between the Parties, whether oral or written, and whether by a Party or such Party's legal counsel. The Parties are entering into this Agreement based solely on the terms agreed upon herein and not based on any promises or discussions not found herein." After signing the deal, Reese changes his mind and decides that he does not want to be contractually obligated to notify Cameron of any product defects. He asks Cameron not to enforce that provision and Cameron refuses. Reese sues for breach of contract and loses, because the parties had agreed to a(n) clause as part of their contract. Representations and Warranties Clause O Integration/Merger Clause Conditions Precedent Clause Indemnification Clause Jennifer runs a jewelry business out of her home and is signing contracts in her name without any entity formed. Jennifer then forms an LLC and tries transfer the rights and obligations under the contract to her newly created entity, Jennifer's Jewelers, LLC. Is she allowed to do so? Yes, through a novation No, because Jennifer signed contracts before the entity was formed, so she cannot transfer these obligations later O Yes, through an appraisal by a third party O No, because Jennifer is the only member of the LLC, and therefore must always assume personal liability

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