Sales Agreement
/ˈseɪlz əˌɡriːmənt/
Definitions
- (n.) A legally binding contract outlining the terms and conditions of the sale of goods or services between a buyer and a seller.
The sales agreement specified the delivery schedule and payment terms for the transaction.
Forms
- sales agreements
Related terms
See also
Commentary
A sales agreement typically includes price, quantity, quality, delivery terms, and warranties. Precise drafting reduces risk of disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.