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Sales Contract (Goods Sales Agreement)
Create a comprehensive Goods Sales Agreement to ensure clarity, prevent disputes, and safeguard your business interests.
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SALES CONTRACT (GOODS SALES AGREEMENT) TEMPLATE
This Sales Contract (“Agreement”) is made on [Date] between:
Seller: [Seller Name], located at [Address]
and
Buyer: [Buyer Name], located at [Address]
1. Goods Sold
The Seller agrees to sell, and the Buyer agrees to purchase, the following goods: [Detailed description, including specifications, model numbers, and quantity].
2. Purchase Price
The total purchase price for the goods is [Amount in USD], payable as follows: [Payment terms, e.g., 50% deposit upon signing, balance upon delivery].
3. Delivery Terms
Goods shall be delivered to [Delivery Address] by [Delivery Date]. The method of delivery shall be [Shipping Method]. Risk of loss passes to the Buyer upon [Delivery/Shipment, specify].
4. Inspection and Acceptance
The Buyer shall inspect the goods upon delivery and notify the Seller of any defects or non-conformities within [Number] days. Failure to notify within this period constitutes acceptance.
5. Warranties
The Seller warrants that the goods are free from defects in material and workmanship for a period of [Warranty Period]. All other warranties, express or implied, are disclaimed except as provided herein.
6. Payment Terms
Payments shall be made by [Payment Method]. Late payments may incur interest at [Rate]% per month.
7. Remedies
If either party breaches this Agreement, the non-breaching party may seek all remedies available at law or in equity.
8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
9. Entire Agreement
This document constitutes the entire agreement between the parties and supersedes all prior discussions, agreements, or understandings.
Seller Signature: _____________________ Date: ___________
Printed Name: ______________________________
Buyer Signature: _____________________ Date: ___________
Printed Name: ______________________________
Details
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Sales Contract (Goods Sales Agreement)
SALES CONTRACT (GOODS SALES AGREEMENT) – FREQUENTLY ASKED QUESTIONS
What is a Sales Contract (Goods Sales Agreement), and what purpose does it serve?
A Sales Contract is a legally binding agreement between a seller and a buyer for the sale and purchase of goods. It sets out the product description, quantity, price, delivery terms, payment terms, and other relevant conditions.
Does a Sales Contract carry legal force?
Yes. A properly executed sales contract that contains essential elements such as offer, acceptance, consideration, and clear terms is enforceable in court.
Assessment: Correct – these elements meet standard contract law requirements.
Can a Sales Contract be used in any state?
Yes. Nolo principles confirm that sales contracts are valid nationwide, but certain goods (like vehicles, alcohol, or regulated items) may have additional state-specific requirements.
Assessment: Correct – compliance with applicable state laws is crucial.
What if I need a more flexible version of this document?
You can use AI Lawyer to create a custom Sales Contract tailored to your products, delivery methods, and industry-specific needs.
How can I use this template?
You can:
Download and edit it for your transactions.
Or, upload it into AI Lawyer for guided customization.
What are common mistakes to avoid when drafting a Sales Contract?
Omitting warranty terms, failing to include delivery timelines, or neglecting to specify risk of loss and transfer of title.
Can this template be adapted for international trade?
Yes, but it should include Incoterms, customs requirements, and applicable international trade laws.
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