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General Form of Agreement for the Sale of Goods or Personal Property
with Limitation of the Remedies of the Buyer
Agreement made on the _______________ (date), between ______________________
(Name of Buyer) of ____________________________________________________________
___________________ (street address, city, county, state, zip code) , referred to herein as
Buyer , and __________________________ (Name of Seller), of _______________________
_______________________________________________________ (street address, city,
county, state, zip code) , referred to herein as Seller.
1. Sale of Goods Seller agrees to sell and Buyer agrees to buy _______________ (quantity or units) of
_________________________________ (type of goods) of ___________________________
_______________________________ (description of goods) to be delivered by Seller to
Buyer at _____________________________________________________________________
____________ (address of Buyer) on or before ___________________ (date of delivery).
2. Description The goods subject of this sale and which Seller shall deliver to Buyer and for which
Buyer shall pay shall conform to the following specifications: ____________________________
______________________________________________________________ (specifications).
3. Warranty Seller warrants that the goods shall meet the specifications described in this Agreement.
This warranty is exclusive, and is in lieu of all other warranties, whether written, oral, or implied,
including the warranty of merchantability and the warranty of fitness for a particular purpose.
4. Delivery Delivery shall be on or before ___________________ (date) and shall be to Buyer at
Seller's place of business. Seller agrees to furnish the facilities and at his own cost to load the
goods on trucks furnished by Buyer.
5. Packaging Buyer shall give Seller instructions for the packaging of the goods not less than _______
(number) hours prior to the date of delivery, and the reasonable cost of such packaging shall be
charged to Buyer.
6. Title
Title shall remain with Seller until delivery and actual receipt of the goods by Buyer.
7. Risk of Loss Identification shall take place on the packaging of the goods, and the risk of loss shall
pass on such identification.
8. Price and Time of Payment The price of the goods shall be $_____________, and shall be paid at the time of
delivery and at the place of delivery by cashier's or certified check.
9. Inspection
Inspection shall be made by Buyer at the time and place of delivery.
10. ClaimsBuyer's failure to give notice of any claim within ______ (number) days from the date of
delivery shall constitute an unqualified acceptance of the goods and a waiver by Buyer of all
claims with respect to the goods.
11. Remedies
Buyer's exclusive remedy and Seller's limit of liability for any and all losses or damages
resulting from defective goods or from any other cause shall be for the purchase price of the
particular delivery with respect to which losses or damages are claimed, plus any transportation
charges actually paid by Buyer.
12. Severability The invalidity of any portion of this Agreement will not and shall not be deemed to affect
the validity of any other provision. If any provision of this Agreement is held to be invalid, the
parties agree that the remaining provisions shall be deemed to be in full force and effect as if
they had been executed by both parties subsequent to the expungement of the invalid provision.
13. No Waiver The failure of either party to this Agreement to insist upon the performance of any of the
terms and conditions of this Agreement, or the waiver of any breach of any of the terms and
conditions of this Agreement, shall not be construed as subsequently waiving any such terms
and conditions, but the same shall continue and remain in full force and effect as if no such
forbearance or waiver had occurred.
14. Governing Law This Agreement shall be governed by, construed, and enforced in accordance with the
laws of the State of _____________.
15. Notices
Any notice provided for or concerning this Agreement shall be in writing and shall be
deemed sufficiently given when sent by certified or registered mail if sent to the respective
address of each party as set forth at the beginning of this Agreement.
16. Attorney’s Fees In the event that any lawsuit is filed in relation to this Agreement, the unsuccessful party
in the action shall pay to the successful party, in addition to all the sums that either party may be
called on to pay, a reasonable sum for the successful party's attorney fees.
17. Mandatory Arbitration Any dispute under this Agreement shall be required to be resolved by binding arbitration
of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one
arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall
arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration
Association then in force and effect.
18. Entire Agreement This Agreement shall constitute the entire agreement between the parties and any prior
understanding or representation of any kind preceding the date of this Agreement shall not be
binding upon either party except to the extent incorporated in this Agreement.
19. Modification of Agreement
Any modification of this Agreement or additional obligation assumed by either party in
connection with this Agreement shall be binding only if placed in writing and signed by each
party or an authorized representative of each party.
20. Assignment of Rights The rights of each party under this Agreement are personal to that party and may not be
assigned or transferred to any other person, firm, corporation, or other entity without the prior,
express, and written consent of the other party.
21. In this Agreement, any reference to a party includes that party's heirs, executors,
administrators, successors and assigns, singular includes plural and masculine includes
feminine.
WITNESS our signatures as of the day and date first above stated.
________________________ _________________________
(Printed name) (Printed name)
________________________ _________________________
(Signature of Seller) (Signature of Buyer)
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FAQs
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
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The best way to complete and sign your offer and acceptance wikipedia form
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