Every business entity in this world is involved in two basic functions of business. These are known as selling and buying. This selling or buying can be of any type of product or service depending on the nature of the business entity. Whether the business is small or large it needs to have an aim and mission to continue its operations. This vision is in most cases making money and maximizing profits.
To achieve these goals and objectives the business organizations hire employees and designate them to perform certain duties and responsibilities. These activities and tasks are backed and supported by various types of official documents. Contracts of various forms ensure that people and organizations perform their duties and responsibilities in an orderly manner.
What is a Contract?
A contract is a basic written document or agreement that binds a business relationship between two parties. It is a legal document that gives legal binding to the duties and responsibilities distributed between the two concerned parties. There are many types of contract involved in business operations. One such contract is a Selling Contract.
What is a Selling Contract?
A selling contract is a legal agreement between two parties which ensures that buying and exchange of things of value are carried out in an orderly manner. The main contents of a basic selling contract template include the following elements:
- Name and information related to the buyer
- Name and details of the seller
- Details of the product along with price and model
Format: MS Word