Contract law as to offers is applicable to a sales contract, with the following exception. A firm offer by a merchant cannot be revoked if the offer: (i) expresses an intention that it will not be revoked; (ii) is in a writing; and (iii) is signed by the merchant.
An express period of irrevocability in the offer cannot exceed three months. If nothing is said as to the duration of the offer, the offer can be revoked after a reasonable time. A firm offer is effective regardless of whether the merchant received any consideration to keep the offer open.
An offer to buy or sell goods may be accepted in any manner and by any medium that is reasonable under the circumstances. However, if a specific manner or medium is clearly required by the terms of the offer or the circumstances of the case, the offer can only be accepted in that manner.
Unless it is expressly specified that an offer to buy or sell goods must be accepted just as made, the offeree may accept an offer and at the same time propose an additional term. This form is clear that the offer is not subject to change.
The Bexar Texas Agreement for Sale of Equipment is a legal document that outlines the terms and conditions regarding the sale of equipment in the Bexar County, Texas area. This agreement is designed to protect the interests of both the buyer and the seller during the equipment transaction process. Key elements included in the Bexar Texas Agreement for Sale of Equipment are: 1. Parties Involved: The agreement identifies the buyer and the seller, including their legal names, addresses, and contact information. This ensures clarity and defines the responsible parties. 2. Equipment Description: A detailed description of the equipment being sold is provided, including its make, model, serial number, and any unique identifying features. This description is essential in accurately identifying the equipment involved in the sale. 3. Purchase Price: The agreed-upon purchase price for the equipment is clearly stated within the agreement. This ensures transparency and provides both parties with a clear understanding of the financial aspect of the transaction. 4. Payment Terms: The agreement specifies the payment terms, including the method of payment, any applicable down payment, and the deadline for completing the payment. These terms ensure that both parties are aware of the payment schedule and expectations. 5. Delivery and Acceptance: This section outlines the responsibilities and obligations of both parties regarding the delivery, transportation, and acceptance of the equipment. It may include details such as transfer of ownership, shipping arrangements, and deadlines. 6. Additional Proposed Terms: The agreement specifically states that any additional proposed terms, not included in the original agreement, are expressly rejected. This clause ensures that only the terms agreed upon within the document are considered binding. 7. Disclaimer of Warranties: This section includes a statement by the seller disclaiming any warranties or guarantees regarding the equipment being sold. It clarifies that the equipment is being purchased in its current condition, without any implied warranties of merchantability or fitness for a particular purpose. Depending on the specific circumstances or requirements of the equipment sale, there may be variations of the Bexar Texas Agreement for Sale of Equipment. These variations may include additional clauses or terms tailored to specific situations, such as lease-to-own agreements, installment payment plans, or equipment trade-ins. It is crucial to carefully review and understand the terms of any specific Bexar Texas Agreement for Sale of Equipment before signing, to ensure compliance and protect the interests of all parties involved.The Bexar Texas Agreement for Sale of Equipment is a legal document that outlines the terms and conditions regarding the sale of equipment in the Bexar County, Texas area. This agreement is designed to protect the interests of both the buyer and the seller during the equipment transaction process. Key elements included in the Bexar Texas Agreement for Sale of Equipment are: 1. Parties Involved: The agreement identifies the buyer and the seller, including their legal names, addresses, and contact information. This ensures clarity and defines the responsible parties. 2. Equipment Description: A detailed description of the equipment being sold is provided, including its make, model, serial number, and any unique identifying features. This description is essential in accurately identifying the equipment involved in the sale. 3. Purchase Price: The agreed-upon purchase price for the equipment is clearly stated within the agreement. This ensures transparency and provides both parties with a clear understanding of the financial aspect of the transaction. 4. Payment Terms: The agreement specifies the payment terms, including the method of payment, any applicable down payment, and the deadline for completing the payment. These terms ensure that both parties are aware of the payment schedule and expectations. 5. Delivery and Acceptance: This section outlines the responsibilities and obligations of both parties regarding the delivery, transportation, and acceptance of the equipment. It may include details such as transfer of ownership, shipping arrangements, and deadlines. 6. Additional Proposed Terms: The agreement specifically states that any additional proposed terms, not included in the original agreement, are expressly rejected. This clause ensures that only the terms agreed upon within the document are considered binding. 7. Disclaimer of Warranties: This section includes a statement by the seller disclaiming any warranties or guarantees regarding the equipment being sold. It clarifies that the equipment is being purchased in its current condition, without any implied warranties of merchantability or fitness for a particular purpose. Depending on the specific circumstances or requirements of the equipment sale, there may be variations of the Bexar Texas Agreement for Sale of Equipment. These variations may include additional clauses or terms tailored to specific situations, such as lease-to-own agreements, installment payment plans, or equipment trade-ins. It is crucial to carefully review and understand the terms of any specific Bexar Texas Agreement for Sale of Equipment before signing, to ensure compliance and protect the interests of all parties involved.
