7. The document referred to above is served on the banker against the cashing of the akkreditatikus which, in turn, must provide the same to the buyer in order for him to deliver the goods in the Indian port. The delivery of the documents constitutes the delivery of the goods and, from now on, the goods are made at the buyer`s risk. SECTION NINE: INSPECTION RIGHT The buyer has the right to check the goods on arrival and within business days after delivery, the Buyer must share with the Seller any claim of damages for the condition, quality or quality of the goods, and the buyer must specify the basis of the buyer`s claim. The buyer`s failure to comply with these conditions constitutes an irrevocable acceptance of the goods by the buyer. The purchase and sale of goods is the basis of a significant percentage of the transaction that lies between: 6. After shipping the aforementioned goods, the seller must send all necessary documents, including the contract of a transport, insurance, bill, bill of lading, etc., to his banker in the Indian port. A sales contract defines the responsibilities of the buyer and seller and defines the conditions under which a seller sells and transfers goods to a buyer. CONSIDERING that the buyer is a distributor and that he went to the seller and asked him to sell the goods at the price of -unit/kilo. Use this template for buy-and-sell agreements to create your online sales contract in just a few minutes. The parties can also indicate how the risk of loss is transferred and when the buyer actually owns the goods. This purchase agreement will help both parties cover anything that needs to be corrected before the goods are sold.
A sales contract also defines the exact nature of the merchandise as well as the terms of price and payment as well as the results at the end of the contract. SECTION SEVEN: GARANTIE OF NO ENCUMBRANCE The seller guarantees that the goods are now free, and that at the time of delivery, he will be free of any interest in security or other pledges or charges. FOUR section: PAYMENT ON RECEIPT The buyer must pay for the goods at the time and place where the goods are received by the buyer. 4. It is the buyer`s responsibility to have insured his values with the goods insured at the present physical condition and to establish an invoice. Section EIGHT: TITLE GARANTIA In addition, the seller guarantees that at the time of signing this agreement, the seller knows and knows no reason to know that an unpaid property or ownership requirement is hostile to the seller`s rights over the goods. Section 3: IDENTIFICATION OF WARES The identification of the goods in this agreement is deemed to have been carried out only when the buyer and seller have indicated that the goods in question must be executed. 1. The seller agrees to sell the buyer and the buyer agrees to buy Seller___________ goods (hereafter referred to as “this commodity”) at an Rs price.