Goods Sales Agreement
This Goods Sales Agreement (the "Agreement") is entered into as of [Date], by and between [Your Name], organized and existing under the laws of [Jurisdiction], with its principal place of business located at [Your Company Address] (hereinafter referred to as the "Seller"), and [Buyer's Name], organized and existing under the laws of [Jurisdiction], with its principal place of business located at [Buyer's Address] (hereinafter referred to as the "Buyer").
1. Description of Goods
The Seller agrees to sell and the Buyer agrees to purchase the following goods (the "Goods"): a set of ten brand new office chairs manufactured by XYZ Furniture Company, model ABC123, upholstered in black leather with adjustable armrests and ergonomic lumbar support.
2. Purchase Price
The price for the purchase of the goods has been fixed at five thousand dollars (USD 5,000). The said amount is to be remitted by the Buyer to the Seller at the point of executing this agreement. Please note that the aforementioned purchase price is comprehensive and includes all taxes, duties, and any other charges that might be applicable or linked with the sale transaction of these goods.
3. Payment Terms
The payment method for the goods purchased shall be done through a bank transfer, and this payment has to be made in full within 30 days following the delivery date of said goods. If the payment is not made within the specified thirty-day period, that late payment will attract an interest. This interest will be accrued at an annual rate of 5% and calculated starting from the exact due date, up until the date the actual payment is made.
4. Delivery Terms
By the terms of this Agreement, the Seller is obligated to deliver the Goods to the Buyer. The agreed-upon location for this delivery is specified as 123 Main Street, housed within Cityville, within the state specified, with the zip code indicated. The Seller is required to initiate and complete this delivery within a timeframe of fourteen days, counted from the date that this Agreement is executed.
The responsibility of carrying out all costs and risks linked to the delivery of these goods does not fall under the Seller's obligations. Rather, this responsibility is entrusted to the Buyer. All financial burdens and risks, including but not limited to the chance of loss or potential damage during transit, that might potentially transpire during the delivery process, are to be borne entirely by the Buyer.
5. Warranties
The Seller provides a warranty and assures that the Goods being sold are going to be free from any defects, either in the materials they are made from or in the workmanship involved in their construction. This warranty is promised to be valid and effective for a total duration of one year from the date the goods are delivered to the Buyer. If there should be any failure in upholding this warranty or in other words, if there is any breach of this warranty, the Seller has an established option to choose between two corrective actions.
These actions are either to repair the goods that have proven to be defective or to completely replace the goods in question. The noteworthy point is that in either of these situations, whether the goods are repaired or replaced, the Seller guarantees that there will be no additional financial burden or cost put upon the Buyer.
6. Miscellaneous
a. Assignment: Neither party shall assign its rights or obligations under this Agreement without the prior written consent of the other party.
b. Entire Agreement: This Agreement constitutes the entire understanding between the parties concerning the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral, relating to such subject matter.
7. Governing Law
This Agreement is subject to, and shall be inferred and carried out by, the laws of the aforementioned Jurisdiction. In the event of any dispute, controversy, or claim that arises out of or is about this Agreement, whether during its execution or following its termination, the resolution of the said dispute or conflict shall be the sole responsibility of the court systems within the designated Jurisdiction. The courts of this Jurisdiction alone shall have the exclusive authority and jurisdiction to adjudicate and settle such matters.
8. Entire Agreement
This Agreement, including all exhibits attached hereto, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether oral or written.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date first above written.
[YOUR NAME]
[DATE SIGNED]
[BUYER'S NAME]
[DATE SIGNED]
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