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.

Breach of contract on sales of goods can only occur if the sale involves a legally binding purchase contract between a buyer and a seller. Purchase agreements can be absolute or conditional, meaning ...

Notwithstanding the fact that the UN Convention on Contracts for the International Sale of Goods (CISG) has been in existence and United States has been a signatory since the 1980s, as shown by the ...

Exclusion clauses are a common feature of agreements of purchase and sale and other commercial contracts. While often subject to negotiation, parties sometimes proceed with standard form exclusion ...

The EU is introducing better and clearer rules for both companies and consumers when it comes to sales of goods. The Council today adopted its position on the sales of goods directive, which is ...

Pine Valley Enterprises Inc. (“Pine Valley”) was hired to work on a municipal project to remediate flooding. Pine Valley contacted Earthco Soil Mixtures Inc. (“Earthco”), a topsoil provider, to obtain ...

The EU is introducing new rules to make it easier and safer to buy and sell both goods and digital content cross-border. The Council and Parliament negotiators agreed today on a package comprising a ...

The international trade of goods across borders is conducted within a complex web of international and domestic regulations and involves a complex set of arrangements between sellers/exporters and ...