Product purchase and sale contract template content
Time and methods for raising objections to products
1. During the acceptance inspection, if Party A finds that the variety, model, specification, color and quality of the product do not meet the requirements, it shall keep it properly and submit a written objection to Party B within 30 days; during the collection and acceptance period, Party A has the right to refuse to pay the payment for the part that does not comply with the provisions of the contract. If Party A fails to notify Party B or fails to notify Party B within two years from the date of receipt of the subject matter, the product shall be deemed to be in compliance with the regulations.
2. Party A shall not raise any objection if the quality of the product declines due to improper use, storage, or maintenance.
3. Party B shall be responsible for handling the objection within 10 days after receiving the written objection from the demander. Otherwise, it will be deemed as acquiescence to the objection and handling opinions raised by Party A.
Party B’s liability for breach of contract
1. If Party B is unable to deliver the goods, it shall pay to Party A a liquidated damages of ___% of the payment for the part that cannot be delivered.
2. If the variety, model, specification, and quality of the products delivered by Party B do not meet the regulations, Party B shall be responsible for replacement or repair, and shall bear the actual costs of repair, replacement, or return.
3. If Party B delivers goods overdue, Party B shall pay Party A the liquidated damages for overdue delivery based on the overdue delivery part of the payment in accordance with the provisions of the People's Bank of China on deferred payment, and bear Party A's losses as a result.
4. If the product is shipped to the wrong arrival location or receiver, Party B shall not only be responsible for delivering the product to the arrival location or receiver stipulated in the contract, but shall also bear all actual extra expenses paid by Party A and liquidated damages for late delivery.
Product Purchase and Sales Contract Template Things to Note
Product name, trademark, specification model, manufacturer, unit of measurement, quantity, unit price, amount, delivery time and quantity, etc. Specific content precautions
1. The name must be filled in correctly, do not write a customary name or name yourself.
2. For products that use brands or trademarks, the brand, trademark and manufacturer should be specifically stated.
3. For specifications and models, refer to the corresponding material catalog and equipment catalog.
4. Product quantity and measurement methods shall be implemented in accordance with the measurement methods prescribed by the state or the competent department; if there are no regulations, the measurement methods agreed upon by both parties shall be implemented.
5. The price and amount shall be negotiated and agreed upon by the parties, unless the state stipulates that state pricing must be implemented. If national pricing is implemented, when the national price is adjusted within the delivery period specified in the contract, the price at the time of delivery will be used. For overdue delivery, if the price rises, the original price will be used; if the price drops, the new price will be used. If the loan is overdue or the payment is overdue, if the price rises, the new price will apply; if the price drops, the original price will apply.
6. The delivery period can be agreed in the contract. Generally speaking, for picking up the goods, the delivery date notified by Party B shall prevail (Part A shall be given the necessary transit time), for consignment, the delivery date shall be the carrier, and for delivery, the delivery date shall be the destination.
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