Sale of Good Agreement Lawyers

Authored by , LegalMatch Law Library Managing Editor and Attorney at Law

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Most Common Business Law Issues:

What Is an Agreement for the Sale of Goods?

An agreement for the sale of goods is one in which the contracting parties, one buyer and one seller, agree to exchange ownership of property for money.

How Is a Sale Different from a Barter or Exchange?

In a barter or exchange, goods are traded without the use of cash.

How Is a Sale Different from Accord and Satisfaction?

In an accord and satisfaction, property is given from one party to another in order to settle the claim of the other party.

How Can I Be Sure a Valid Agreement for the Sale of Goods Has Been Made?

There are four elements to a valid agreement for the sale of goods:

Can Anyone Be a Buyer or Seller?

Anyone can be a buyer or seller but there are exceptions to this rule:

Are There any Criteria for Setting Prices in a Contract?

In setting a price for the parties to mutually agree upon, three criteria must exist:

Must the Consent of the Parties to Be Involved in the Contract Be in Writing?

The consent must only be in writing if the statute of frauds requires it. The statute of frauds usually requires that agreements, such as for the sale of goods, be made in writing.

How Many Different Kinds of Sales are There?

There are a few different kinds of sales you should be aware of:

Should I Consult a Lawyer When Drafting a Contract and Reviewing It?

Contract negotiations, especially in the context of important financial contracts, can be tolling and difficult. An contract attorney can assist you with negotiations so your needs and requirements will be met. Additionally, a lawyer can help you with drafting and reviewing contracts, and explain to you your duties under the contract.

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Last Modified: 06-19-2013 11:54 AM PDT

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