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Friday, 05 September 2008
 
 

Sales Contracts

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Sales Contracts

A sales contract is a legal and binding agreement or a bond that implicates an exchange of merchandise, services or property that occurs between a seller or a vendor and a buyer or purchaser. This exchange takes place for a mutually approved value in money or an equivalent of money that is paid or is promised to be paid within a given time mutually decided by the seller and buyer. Sales contracts are a particular type of legal contract.
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