This document outlines the terms of a sale contract between two companies. The Buyer undertakes to pay the total price which appears in the present Contract.Purchase and Sale Agreement. A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price. A simple businesstobusiness contract for the sale of goods to be used when there's no special reason to think that the agreement will be litigated. This legal template is a contract for the sale of goods in the state of Illinois. This legal template is a simplified and seller-friendly contract for the purchase and sale of commercial property in the state of Illinois, under USA law. A sale of goods agreement typically involves a seller who agrees to sell goods and a buyer who agrees to buy those goods for a certain price. Who Is Needed To Complete A Wholesale Real Estate Contract? When doing business, it is in the best interest of both the buyer and seller to have an agreement in writing.