This form is intended for use in a sale of goods transaction between a seller in the United States and a purchaser in a foreign country. This form is drafted from the seller's perspective and covers the terms and conditions of purchases and sales to be made over an extended period. Section Fifteen includes language regarding the buyer's compliance with applicable laws relating to international transactions.
The United Nations Convention on Contracts for International Sale of Goods (CISG) sets forth uniform rules to govern the formation of international sales contracts and the rights and the obligations of the buyer and seller. This agreement is strongly influenced by Article 2 of the Uniform Commercial Code which has been adopted by the 50 States of the U.S., and deals with sales of goods and the obligations and rights of the buyers and sellers.
The Wyoming Agreement for the International Sale of Goods with a United States Seller is a legal document that governs the contractual relationship between a seller based in the United States and a buyer from a foreign country. This agreement specifically follows the guidelines and regulations outlined in the United Nations Convention on Contracts for the International Sale of Goods (CSG), which provides a framework for international sales transactions. 1. Wyoming Agreement for the International Sale of Goods with a United States Seller: This standard agreement is used when a seller based in Wyoming, a state in the United States, enters into an international sale of goods transaction with a buyer from a foreign country. It incorporates the terms and conditions required by the CSG and covers various aspects of the sale, including pricing, delivery, payment, and dispute resolution. 2. Customizable Wyoming Agreement for the International Sale of Goods with a United States Seller: This type of agreement allows the parties involved to tailor the terms and conditions based on their specific needs and requirements. It provides more flexibility than the standard agreement and enables the inclusion of additional clauses to address any unique circumstances that may arise during the transaction. 3. Wyoming Agreement for the International Sale of Goods with a United States Seller for Specific Industries: This agreement is designed for particular industries or sectors that require specialized terms and conditions, such as technology, pharmaceuticals, or agriculture. It takes into account industry-specific regulations, quality control standards, and any relevant international laws that may impact the sale of goods across national borders. Key features and elements covered in a Wyoming Agreement for the International Sale of Goods with a United States Seller may include: — Identification of the parties involved: Names, addresses, contact information, and roles of the seller and buyer. — Description of goods: Detailed specifications of the products being sold, including quantity, quality, and any applicable certifications or warranties. — Pricing and payment terms: Agreement on the unit price, total price, currency, and method of payment such as wire transfers, letters of credit, or other commonly used international payment methods. — Delivery terms: Determination of the delivery location, transportation mode, responsibilities for packaging, insurance, customs clearance, and any associated costs or risks. — Transfer of ownership: Clarification of when the ownership of goods passes from the seller to the buyer (usually upon delivery or payment), and any related documents required, such as bills of lading or commercial invoices. — Risk allocation: Allocation of risks associated with loss, damage, or delays during transportation or any force majeure events that may impact the delivery schedule. — Dispute resolution: Selection of a method for resolving disputes, which can include negotiation, mediation, or arbitration, and determination of the jurisdiction or governing law in case of legal proceedings. — Termination or breach of contract: Establishment of the circumstances under which either party can terminate the agreement and the available remedies or liabilities in case of breach of contract. It is important to consult with legal professionals or contract specialists familiar with international sales laws and regulations, as well as the specific requirements of the parties involved, when drafting or entering into a Wyoming Agreement for the International Sale of Goods with a United States Seller.
