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What are the essential elements that must be included in a legally sound equipment sales agreement?
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Start by listing exact equipment specifications, condition, included components, and software versions if applicable.
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Include payment structure, delivery terms, warranty coverage, and after-sales responsibilities in detail.
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Define liability boundaries who is responsible if equipment arrives damaged, fails within 30 days, or doesnt match the specs?
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Add clauses for dispute resolution, termination conditions, and jurisdiction for legal matters especially in cross-border deals.
How to correctly draft a sales contract for equipment
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