bill of sale purchase agreement
whether you're buying raw materials or a company car or selling office furniture in a b2b deal, the paperwork may include a sales agreement, a bill of sale and an invoice. a sales purchase agreement is a contract to make a sale, spelling out price, quality, quantity, any warranties on the goods and any other necessary terms. depending on the type and details of the sale transaction, the sales agreement may go by a different name: purchase agreement, sales contract or retail installment contract. whatever the name, the sales agreement is a legally binding contract between a seller and a buyer. the seller contracts to provide something — computer equipment, a pickup truck, land for building a factory — at a set price, and the buyer agrees to make the purchase at the agreed-on price. the purchase agreement or sales contract spells out the relevant terms of the purchase, not just the price and the identity of the parties but also dates, amounts and any warranties or other commitments.