The purchase and sale of goods is the basis for a significant percentage of the activity that lies between: SECTION SEVEN: WARRANTY OF NO ENCUMBRANCES The seller guarantees that the goods are now free and that, at the time of delivery, he will be exempt from security interest or other pledges or charges. The above parties entered into this sales contract (“the agreement”) on the following terms: this will protect the interests of the buyer, as it will ensure that he will be able to purchase the specific products they need to operate their business at a guaranteed price that cannot be influenced by market fluctuations. The contract to purchase goods also provides provisions guaranteeing corrective measures for the buyer if the seller violates the terms of the agreement by not making available the products listed within the promised time frame. Agreement between _______von ______und _____________________von – In the absence of a written sales contract, certain merchandise guarantees may or may not apply automatically or not at all. Guarantees are legally enforceable commitments or guarantees that assure the buyer that certain facts or conditions regarding the goods are accurate. According to the Commercial Uniform (UCC), there are two types of guarantees – explicit guarantees and unspoken guarantees. The risk of loss is a clause that determines which party must bear the risk of damage to the goods after the completion of the sale, but before delivery. If the seller bears the risk of loss, he must send another shipment of goods to the buyer or pay damages to the buyer if the goods are damaged before delivery. If the buyer bears the risk of loss, the buyer must pay for the goods, even if they were damaged during shipping. In addition, a seller may implicitly refuse or modify extension guarantees under the UCC. Guarantee refers to the guarantee that a seller makes on the quality and condition of the goods. Section 3: IDENTIFICATION OF WARES The identification of the goods in this agreement is deemed to have been carried out only when the buyer and seller have indicated that the goods in question must be executed.
This document can be used for a seller preparing to establish a relationship with a new buyer or for a buyer who wants to buy certain goods from a seller.