Identify the purpose of the transaction, which dictates its structure. Determine whether the transaction: involves the provision of goods (for more information, see Sale of Goods Agreement (Pro-Buyer) ...
Introduction: Why Precision in Contract Drafting Matters - Specificity in drafting allows contracting parties to allocate risk ...
Article 2 of the UCC applies to all commercial contracts for the sale of goods in 49 of the 50 states.[1] Under the UCC “a contract for the sale of goods for the price of $500[[2]] or more is not ...
A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.
Attorneys representing local governments often juggle numerous requests to draft or review contracts on tight deadlines. Regardless of the subject matter, the attorney must provide a rapid, thorough, ...