A sales contract is a written legal document that establishes the terms and conditions of sale between two juridical persons. These juridical persons, or contracting parties, can be two individuals, an indivial and a business (corporations, other entities, etc) or two businesses.
A sales contract template is usually a pre-drafted written template which contains the standard clauses which are usually present in a sales contract between two contracting parties. A sales contract template must be completed by the parties by entering the various information which is missing, such as the names of the contracting parties, the object of the contract, the prices or other considerations to be provided etc.
Writen Sales Contract
In Canada, a contract can be written, but also verbal. Indeed, for example, a verbal sales contract, which can also be labeled a parole contract or oral contract, is just as valid and binding and has the same legal effect than a written contract signed by both parties. However, it is usually strongly recommanded to use a written contract, because it is much easier to refer to terms and conditions put down on paper to determine the obligations of each party, and, most importanly, it’s easier to prove the existence of the contract should a dispute arise between the two contracting parties.
Sales Contract Template
Different kinds of pre-written contracts, including sales contracts can be purchased online. The team at WebLegal created this section to list which type of contracts can be bought, and where you can buy a sales contract template on the Internet. These sales contracts have been drafted to cover the common sales transactions, and can be used both by individuals and small businesses. That being said, these are contract templates, it is hence possible, and often recommanded, that you will have to modify them and adjust them so that they apply to your specific needs. The sales contract templates are sold as is, as templates and examples only, and it is your responsibility to ensure that it meets your situation and requirements if you plan to use as an effective contract.
You can buy a contract template such as a sales contract on Law Depot.
Additional Information on Sales Contract
- What does a sales contract contains
- Sales contract templates
- Where to purchase a sales contract template
What does a sales contract contains
A sales contract usually contains the following basic information:
- Date of contract
- Location where the contract is executed
- Description of the object of the contract, the good or product being sold
- The consideration or sales price of the good or product
- Warranty information, if applicable
- Applicable law and jurisdiciton that will govern the terms of the contract
- Speficic information relevant to contract, parties and object
Sales contract templates
Sales contract can be used for a variety of reasons and come in different forms, depending on the parties to it. Here are some examples and articles that will help you choose the right contract for you:
- General sales contract (between two individuals)
- Business sales contract (sale of products)
- Verbal contract vs oral contract vs written contract
- New or used car sales contract
Where to purchase a sales contract template
You can purchase a sales contract template on LawDepot.
