A sale of goods is a present transfer of title to movable property for a price. This price may be a payment of money, an exchange of other property, or the performance of services. The parties to a sale are the person who owns the goods and the person to whom the title is transferred. The transferor is the seller or vendor, and the transferee is the buyer or vendee.
Most goods are tangible and solid, such as an automobile or a chair. But goods may also be fluid, such as oil or gasoline. Goods may also be intangible, such as natural gas and electricity. The UCC is applicable to both new and used goods.
Goods that are physically existing and owned by the seller at the time of the transaction are called existing goods. All other goods are called future goods. Future goods include both goods that are physically existing but not owned by the seller and goods that have not yet been produced .
Before an interest in goods can pass from seller to buyer, the goods must exist, and they must be identified to the contract. For passage of title, goods must be identified in a way that will distinguish them from all similar goods. Identification gives a buyer the right to obtain insurance on goods and the right to recover from third parties who damage goods. Sometimes, identification allows the buyer to take goods from the seller. Regarding future goods, occurs when they are shipped, marked, or otherwise designated as the contract goods.
San Jose, California General Form of Agreement for the Sale of Goods is a legally binding document that outlines the terms and conditions between a buyer and a seller for the sale of goods. This agreement serves as a comprehensive contract to ensure a smooth and fair transaction. The San Jose, California General Form of Agreement for the Sale of Goods covers several key aspects such as the identification of the parties involved, detailed descriptions of the goods being sold, pricing and payment terms, delivery and shipping arrangements, warranties and guarantees, inspection and acceptance procedures, risk of loss provisions, dispute resolution mechanisms, and governing law. Keywords: San Jose, California, general form, agreement, sale of goods, legally binding, terms and conditions, buyer, seller, transaction, contract, comprehensive, identification, descriptions, pricing, payment terms, delivery, shipping arrangements, warranties, guarantees, inspection, acceptance procedures, risk of loss, dispute resolution, governing law. There may be variations or specific types of San Jose, California General Form of Agreement for the Sale of Goods depending on the nature of the transaction or the industry involved. Some possible variations may include: 1. Consignment Agreement: This type of agreement is used when the seller allows the buyer to sell their goods on consignment. The agreement outlines the responsibilities of both parties and the percentage of the sale price that the seller will receive. 2. Wholesale Agreement: In a wholesale agreement, the seller supplies goods to the buyer at wholesale prices, usually with minimum order quantities or specific terms, such as exclusivity or territory restrictions. 3. Purchase Order Agreement: This agreement is used when the buyer places a purchase order for goods from the seller. It specifies the quantity, price, delivery date, and other terms agreed upon by both parties. 4. Installment Sales Agreement: When the sale involves multiple payments over a specified period, an installment sales agreement is used. It details the installment amounts, due dates, interest rates, and consequences for missed payments. 5. Customization Agreement: If the goods being sold require customization or special modifications, a customization agreement may be used to outline the specific requirements, costs, and timelines agreed upon by the parties. It is crucial to consult with a legal professional or attorney familiar with the laws of San Jose, California, before drafting or entering into any specific type of agreement for the sale of goods to ensure compliance with local regulations and to protect the rights and interests of all parties involved.San Jose, California General Form of Agreement for the Sale of Goods is a legally binding document that outlines the terms and conditions between a buyer and a seller for the sale of goods. This agreement serves as a comprehensive contract to ensure a smooth and fair transaction. The San Jose, California General Form of Agreement for the Sale of Goods covers several key aspects such as the identification of the parties involved, detailed descriptions of the goods being sold, pricing and payment terms, delivery and shipping arrangements, warranties and guarantees, inspection and acceptance procedures, risk of loss provisions, dispute resolution mechanisms, and governing law. Keywords: San Jose, California, general form, agreement, sale of goods, legally binding, terms and conditions, buyer, seller, transaction, contract, comprehensive, identification, descriptions, pricing, payment terms, delivery, shipping arrangements, warranties, guarantees, inspection, acceptance procedures, risk of loss, dispute resolution, governing law. There may be variations or specific types of San Jose, California General Form of Agreement for the Sale of Goods depending on the nature of the transaction or the industry involved. Some possible variations may include: 1. Consignment Agreement: This type of agreement is used when the seller allows the buyer to sell their goods on consignment. The agreement outlines the responsibilities of both parties and the percentage of the sale price that the seller will receive. 2. Wholesale Agreement: In a wholesale agreement, the seller supplies goods to the buyer at wholesale prices, usually with minimum order quantities or specific terms, such as exclusivity or territory restrictions. 3. Purchase Order Agreement: This agreement is used when the buyer places a purchase order for goods from the seller. It specifies the quantity, price, delivery date, and other terms agreed upon by both parties. 4. Installment Sales Agreement: When the sale involves multiple payments over a specified period, an installment sales agreement is used. It details the installment amounts, due dates, interest rates, and consequences for missed payments. 5. Customization Agreement: If the goods being sold require customization or special modifications, a customization agreement may be used to outline the specific requirements, costs, and timelines agreed upon by the parties. It is crucial to consult with a legal professional or attorney familiar with the laws of San Jose, California, before drafting or entering into any specific type of agreement for the sale of goods to ensure compliance with local regulations and to protect the rights and interests of all parties involved.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
