A sales agreement is a legal document that outlines the terms and conditions of a transaction between a buyer and a seller. It specifies important details such as the price, payment method, delivery date, and any warranties or guarantees. This agreement helps protect both parties by clearly defining their rights and responsibilities. These agreements can vary in complexity, from simple verbal contracts to detailed written documents. They are commonly used in various transactions, including the sale of goods, real estate, and vehicles. Having a sales agreement in place can help prevent misunderstandings and disputes in the future.