Sales agreement
This sales agreement 8s entered into September 28, 2023 by and between Karren L. Cabaobao, with the
address of Brgy Lingayon Alangalang Leyte and Kyla L . Cabaobao, with an address of Brgy Kantimawa
Burauen Leyte, also individually referred to a seller and buyer respectively.
Background
The seller is the manufacturer/ distributor of the following( s):
Glass Vase and Chandelier;
And
The buyer wishes to purchase the aforementioned product(s).
THEREFORE, the parties agree as follows:
1. Sales of Goods. The seller make available for sale and the buyer shall purchase(2) dozen of both
glass vase and Chandelier
2. Delivery. The goods must be delivered to the buyer at Brgy. Kantimawa in Burauen Leyte by the
seller. When the buyer accepts delivery of the items at the location mentioned above, the goods
are regarded to have been delivered. Although the buyer is only liable for delivery charges up to
10,000, the seller will choose the shipping method.
3. Purchase Price and Payments. The seller agrees to sell the goods to buyer for 80,00. The seller
will provide an invoice to the buyer at the time of delivery. All invoices must be paid, in full,
within 30 days. Any balances not paid within 30 days will be subjected 8% late payment penalty.
4. Inspection of goods and rejection. Upon delivery, the buyer has the right to inspect the products.
The customer must reject the items at the time of delivery within five business days of the
delivery date if they are unacceptably priced for any reason. The buyer shall have renounced any
right to reject that specific delivery of goods if he or she does not do so within five business days
of the date of delivery. If the buyer rejects the products, the buyer must give the vendor a fair
amount of time to fix the problem. The vendor and the customer, as well as the industry
standard for the specific goods, will decide on a fair time frame.
5. Risk of loss will be on the seller until the time when the buyer accepts delivery. The seller shall
maintain any necessary insurance in order to ensure goods against loss at the sellers own
expense.
6. Title. Will remain with the seller until the buyer accepts delivery.
7. Excuse for delay or failure to perform. The seller won’t be Liable to the customer for any non-
delivery, delay, or default under this agreement caused by labor conflicts, transportation
bottlenecks, delays in obtaining raw materials for the production of the goods, fires, accidents,
acts of God, or other uncontrollable circumstances. When the seller realizes that it will not be
able to deliver the items as promised, it must notify the buyer right away. Upon such notice, any
party may terminate this agreement.
8. Termination. Is agreement may be terminated at any time by either upon written notice to the
other party . The buyer will be responsible for payments of all goods delivered and accepted up
to date of termination.
9. Disclaimer of warranties. The goods are sold as is. The seller expressly disclaims all warranties,
whether expressed or implied, including, but not limited to, and implied warranty of
merchantability or fitness for a particular.
10. Limitation of liability. Under no circumstances shall either party be liable to the other party or
any third party or any damages resulting from any part of this agreement such as, but not
limited, loss of revenue or unticipated profit or lost business, cost of delay or failure of delivery,
which are not related to or the direct scope of imparties negligence of breach.
11. Severability. In the event any provision of this agreement is deemed valid or unenforceable, in
whole or impart, the port shall be severed from the remainder of the agreement and all other
provisions should continue in full force and effect as valid and enforceable.
12. Waiver. The failure by either party to exercise Any right, power, or privilege under the terms of
these agreement will not be construed as a waiver of any subsequent or future exercise of that
right.
13. Remedies and legal fees. In the event of dispute, the buyers sole remedy for any and all losses or
damages resulting from defective goods or from any other cause will be for the purchase price of
the particular goods with respect to which losses or damages are claimed, plus any shipping cost
paid by the buyer, in the event such disputes results in any legal action, the successful party will
be entitled to it’s legal fees , including, but not limited to it’s attorney’s fees.
14. Legal and binding agreement. This agreement is legal And binding between the parties are
stated above. The parties each represent that they have authority to enter into these
agreement.
15. Entire agreement. The Parties recognize and concur that this agreement encapsulates their
whole understanding. Any changes, additions, or other modifications to the terms must be made
in writing and signed by both parties if the parties choose to proceed.
The parties agree to the terms and conditions set for above as demonstrated by their signature as
follows:
Seller
Signed
Name : Karren L. Cabaobao
Date : September 28,2023
Buyer
Signed
Name : Kyla L Cabaobao
Date: September 28,2023
PURCHASE
AND
SALE AGREEMENT
Between
Karren L. Cabaobao
And
Kyla L Cabaobao
