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[Asmor]

I believe the intention with the merchant ability is that it gives you one extra point for each territory. I know it's worded poorly, but as you say it would be silly if it just gave you a point for having any territory... In order to get points at all, you need territory!

It's also worth noting that under the correct interpretation, it's quite powerful actually which is balanced by the fact that you get only 2 units from it.