Prepare a Sale of Goods Contract for the purchase and sale of trade goods between a buyer and seller with this template form for the USA.
- The Seller has the right to terminate the contract if the Buyer is in arrears in payment;
- Procedure for acceptance of goods by Buyer;
- Late charges and interest to be charged on overdue payments;
- Seller's warranty re condition of the goods;
- Buyer is responsible for paying taxes and other levies;
- Seller may delay performance or cancel the contract on account of circumstances beyond its control.This USA Sale of Goods Contract is in MS Word format, and is fully editable to meet your needs.
SALE OF GOODS CONTRACT This Contract for Sale of Goods (the “Contract”) is made effective as of the _____ day of ______________, _______ (the “Effective Date”) by and between [SELLER], with its principal place of business at [SELLER’S ADDRESS] (the “Seller”) and [BUYER], with its principal place of business at [BUYER’S ADDRESS] (the “Buyer”) for the purchase of the goods described below (the “Goods”): Qty. Item No. Description Price Total $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Grand Total $ 1. Term & Termination The term of the Contract shall commence on the Effective Date and shall expire on the date of the last delivery of Goods hereunder, which shall be shipped, with or without requisition for the balance of Goods then unshipped, by no later than [LAST SHIPPING DATE] (the “Expiry Date”) unless the parties otherwise agree. If on the Expiry Date, Buyer is in arrears in its account payments or any other amounts owing to Seller hereunder, Seller shall have the right at its option to terminate the Contract and sue Buyer for its damages, including lost profits, and legal costs including attorney fees. 2. Request for Delivery Prior to each delivery hereunder, Buyer shall give Seller [##] days’ advance notice with respect to the Goods and the quantity of each item of Goods required for delivery. Upon receipt of the request for delivery, Seller shall arrange for delivery through a carrier chosen by Seller, the costs of which shall be F.O.B. [LOCATION]. 3. Risk of Loss or Damage The risk of loss or damage to the Goods, regardless of the cause, prior to or during shipping, shall be the responsibility of Seller until the Goods have been received and accepted by Buyer. -2- 4. Acceptance of Goods Buyer shall have the right to inspect the goods upon receipt, and within [##] business days after
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