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Why Should a Contract State That It Reflects the Entire

question 60

Essay

Why should a contract state that it reflects the entire agreement of the parties and can only be amended in writing signed by both parties?


Definitions:

Specific Task

A particular or assigned piece of work that is meant to be completed within a set framework or instructions.

Agency

A relationship where one party (the agent) is authorized to act on behalf of another (the principal) in legal or business matters.

Third Parties

Entities not primarily involved in a transaction or legal contract but who may be affected by it or have interests in its outcome.

Law Of Agency

A legal doctrine concerning the relationship between the agent and the principal, where the agent is authorized to act on behalf of the principal.

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