0
Sample draft contracts vary depending on what product is being sold.
However, in order for a contract of sale to be enforceable the following five (5) essential elements are required:
(a) The identity of the parties
(b) A clearly defined product or service, the subject of the sale
(c) An offer to purchase, and
(d) An acceptance of a specific clearly defined offer.
(e) Consideration, ex price, or an obligation to do, or forebear from doing a specific act of importance to one of the parties.
Additional terms in the contract will qualify or enhance specific elements and determine explicit or implicit inferences that can be made concerning what has been agreed. Since the law of contracts is affected by state law and the particular subject of the sale, there may be additional requirements such as (a) a writing, or (b) registration. It is also helpful to include a clause on dispute resolution and governing law. These make enforcement easier.
After preparing your draft get the assistance of an attorney to vet it on your behalf.
What else can I help you with?
Where to find a sample contract for sale of vehicle?
Bill of Sale forms can be obtained from the DMV website
Can you distinguished Contract of Sale from contract to sell?
Contract to sell is an executory contract while contract of sale is an executed contract.
What is the difference between contract of sell from contract of sale?
"Contract of sell" is just "contract of sale" misspelled.
What is a sample sale?
A sample sale is when a designer or store sells excess merchandise at a deep discount.
What is a contract of sale of goods?
bill of sale
Example of letter of an end of contract?
end of contract letter sample
What are the types of sale?
1. sale by description 2. sale by weight 3.sale by sample 4.sale by taste
Where did you get draft of civil suit?
i want sample of the civil suits
Can i see the sample of demand draft?
Look at your checkbook, if you have one.
What are the relevance of capacity to contract in a sale of goods contract?
if one of the parties does not have the capacity to contract there will be no contract formed
What is a foreclosure under contract?
That means a lender has executed a purchase and sale contract on a property it owns by foreclosure and a sale is pending.
Do you have a Sample pool maintenance contract?
yes
