What is a contract of delivery of goods

The contract for the supply of goods, which is one of the varieties of the contract of sale, is a document regulating the relationship between the supplier and the buyer. According to the terms of the contract, the supplier, by the time specified in the document, agrees to transfer the goods into the ownership of the buyer, who, in turn, agrees to accept the goods and pay for it the amount of money indicated in the contract.

Instruction manual

1

The supplier in the supply contract, unlike the contract of sale, is a commercial organization or private entrepreneur. Non-profit organizations are entitled to conclude such agreements only if their constituent documents provide for the possibility of performing the functions of a supplier.

2

Another significant difference between the supply contract and the sales contract is that the goods supplied do not provide for domestic, family or personal use: they are intended only for entrepreneurial activity.

3

The subject of delivery must necessarily indicate the name of the product, its range and quantity. In the specification for the contract or in its text should be spelled out the price at which the goods will be delivered. In a situation where the prices of goods change daily, it becomes pointless to change the corresponding clause of the contract each time. In this case, it is necessary to indicate the pricing procedure, for example, according to the price list of the supplier.

4

Since the term of the contract is not equal to the time of delivery of the goods, in order to avoid disputes, the delivery schedule of individual lots should be indicated. In addition, do not forget about the importance of such clauses of the contract as the procedure for acceptance of goods and after-sales service.

5

It is also necessary to clearly indicate the responsibility of the parties, cases where the parties can be exempted from it, and indicate the amount of penalties. In addition, the contract must specify in detail the most detailed list of emergency situations that suppresses the slightest abuse by the counterparty, and the procedure for exempting the parties from liability.

note

Distinctive features of the supply contract are the difference in the time of conclusion of the contract and its execution, the presence of generic characteristics of the delivered goods and the possibility of transferring goods that have not yet been produced.