Sales Contract
A Sales Contract is a legal agreement between a buyer and a seller that outlines the terms of a sale. It specifies details such as the items being sold, the price, payment terms, and delivery conditions. This document serves to protect both parties by clearly defining their rights and responsibilities.
In a sales contract, important elements include the description of the goods or services, the quantity, and any warranties or guarantees. It may also include clauses related to dispute resolution and cancellation terms. Overall, a sales contract helps ensure a smooth transaction and provides a reference in case of disagreements.