HARDWARE STORE PURCHASE AND SALE CONTRACT
This contract is made by and between [Buyer's Name] and [Seller's Name], hereinafter referred to as "Buyer" and "Seller", concerning the purchase and sale of hardware store items.1. Property: The Seller agrees to sell to the Buyer the following property: [description of the hardware store items].2. Price and Terms: The total price for the property shall be [price] dollars. The Buyer agrees to pay the Seller the total price in cash at the time of closing.3. Closing Date: The closing date for this contract shall be [closing date].4. Seller's Warranty: The Seller warrants that the property is in good condition and free from any defects.5. Buyer's Rights: The Buyer has the right to inspect the property prior to closing and to reject the property if it is not in good condition or if there are any hidden defects.6. Contract Termination: This contract may be terminated by either party in the event of a breach of contract by the other party.In witness whereof, the Buyer and Seller have executed this contract on the date set forth below.Buyer: _______________________,Seller: _______________________,Date: _______________________
Contract No. _______
Date: _______
Parties to the Contract:
Buyer: _______
Seller: _______
In consideration of the mutual promises and undertakings contained herein, the parties hereto agree as follows:
Article 1: Description of Goods
The Seller agrees to sell to the Buyer, and the Buyer agrees to purchase from the Seller, the following goods:
1、Type of goods: _______
2、Quantity: _______
3、Quality: _______
4、Price: _______
5、Packaging: _______
6、Delivery terms: _______
7、Total contract value: _______
Article 2: Terms of Payment
1、The Buyer shall make payment for the goods through a bank transfer to the Seller’s account within 30 days of the date of this Contract.
2、The Seller shall provide the Buyer with the necessary banking information for the transfer.
3、If the Buyer fails to make payment within the specified time, the Seller shall have the right to terminate this Contract and claim compensation for any losses incurred.
4、All banking fees and commissions shall be borne by the Buyer.
Article 3: Delivery of Goods
1、The Seller shall arrange for the delivery of the goods to the Buyer within 60 days of the date of this Contract.
2、The Buyer shall provide the Seller with a delivery address and any necessary customs clearance information.
3、If the Seller fails to deliver the goods within the specified time, the Buyer shall have the right to terminate this Contract and claim compensation for any losses incurred.
4、All transportation costs and risks shall be borne by the Seller.
Article 4: Quality and Quantity of Goods
1、The Seller guarantees that the goods will conform to the quality and quantity specified in Article 1 of this Contract.
2、If the Buyer finds any defects in the goods, the Seller shall be responsible for replacing or repairing them at no additional cost to the Buyer.
3、The Buyer shall have the right to inspect the goods upon receipt to ensure their quality and quantity comply with this Contract.
4、If any dispute arises regarding the quality or quantity of the goods, the parties hereto shall negotiate in good faith to resolve it.
Article 5: Contract Termination and Force Majeure
1、This Contract may be terminated by either party in the event of force majeure, such as war, natural disaster, or government action, which prevents either party from performing its obligations under this Contract.
2、In such event, the party seeking to terminate this Contract shall provide the other party with prompt notice and evidence of the force majeure event.
3、If this Contract is terminated by either party due to force majeure, all rights and obligations of the parties under this Contract shall be extinguished, except for any claims for compensation for losses incurred due to such force majeure event.
4、The Seller shall refund to the Buyer any payment made by the Buyer for goods that have not been delivered due to force majeure.
Articles related to the knowledge points of this article:
Opening a Hardware Store: My Dream Business
Five Golden Store Agent: A Business of Selling Five Golden Goods
The Operating Scope of a Hardware Store