A merger agreement should specify how the seller should be reimbursed for products shipped or services provided by the seller before closing but not paid for by the customer until after closing.

Question

Quizplus · Accepted Answer

This is correct. The merger agreement should address how reimbursement will be handled for any products or services provided by the seller before the deal is closed but not yet paid for by customers. This ensures that the seller is not left responsible for these outstanding payments and is fairly compensated for their work.

A Merger Agreement Should Specify How the Seller Should Be