Sales Contract
/ˈseɪlz ˈkɒntrækt/
Definitions
- (n.) A legally binding agreement in which a seller agrees to transfer goods or services to a buyer for a specified price.
The parties signed a sales contract to finalize the purchase of the vehicle.
Forms
- sales contracts
Related terms
See also
Commentary
A sales contract typically specifies terms such as price, delivery, and warranties; precise drafting reduces dispute risk.
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.