What Is an Invoice?
An invoice is a document shipped by a seller of goods to a buyer of goods, which contains the details of the order of goods shipped. Additionally, an invoice may contain the contractual terms between the buyer and seller. Sales invoices are also known as sales confirmations. What Items Should be Specified in an Invoice?- Nature of Goods Shipped
- Quantity and Quality of Goods Shipped
- Price of Goods
What Other Contractual Terms May Be in an Invoice?- Buyer's Mode of Acceptance or Rejection of Goods
- Cancellation Procedures
- Warranties
- Assignability of Contract
- Arbitration Clause
How Can a Lawyer Help?If you are drafting a sales invoice or sales contract a commercial lawyer will help guide you through the complicated legal process so that you will be able to protect your legal rights. In the event that your sales invoice or contract has been breached, an attorney can help you get the remedy you deserve and/or help you protect yourself and your business in the future. |
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