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Contract Sale Rice

This document is a contract for the sale of rice between a seller and a buyer, outlining the terms including product description, price, payment terms, delivery details, inspection, warranty, force majeure, dispute resolution, governing law, termination, and the entire agreement clause. Key elements include the specification of rice type and grade, payment methods, delivery schedules, and conditions for quality control. Both parties must sign to validate the agreement.

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Hedayat Rahimi
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0% found this document useful (0 votes)
221 views4 pages

Contract Sale Rice

This document is a contract for the sale of rice between a seller and a buyer, outlining the terms including product description, price, payment terms, delivery details, inspection, warranty, force majeure, dispute resolution, governing law, termination, and the entire agreement clause. Key elements include the specification of rice type and grade, payment methods, delivery schedules, and conditions for quality control. Both parties must sign to validate the agreement.

Uploaded by

Hedayat Rahimi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CONTRACT FOR SALE OF RICE

This Sale Contract ("Contract") is made and entered into on this ___ day of __________, 20__, by

and between:

SELLER:

[Seller's Name]

[Company Name, if applicable]

[Address]

[City, State, Country]

[Contact Number]

[Email]

AND

BUYER:

[Buyer's Name]

[Company Name, if applicable]

[Address]

[City, State, Country]

[Contact Number]

[Email]

WHEREAS, the Seller agrees to sell and the Buyer agrees to purchase rice under the following

terms and conditions:

1. DESCRIPTION OF GOODS
- Product: Rice

- Type/Grade: [Specify type and grade]

- Quantity: [Specify total quantity in metric tons or kilograms]

- Packaging: [Specify packaging details, e.g., 50 kg bags]

- Origin: [Specify country of origin]

2. PRICE AND PAYMENT TERMS

- Price per unit: [Specify currency and price per unit]

- Total price: [Specify total amount]

- Payment method: [Bank Transfer / Letter of Credit / Cash on Delivery, etc.]

- Payment terms: [Specify advance payment percentage, if any, and balance payment terms]

3. DELIVERY TERMS

- Delivery date: [Specify delivery schedule]

- Delivery location: [Specify address or port of delivery]

- Incoterms: [FOB, CIF, EXW, etc.]

- Risk transfer: The risk shall transfer from the Seller to the Buyer upon [specify conditions, e.g.,

upon loading, upon arrival, etc.]

4. INSPECTION AND QUALITY CONTROL

- The Buyer or an appointed representative may inspect the rice before shipment.

- Any quality issues must be reported within [specify timeframe] upon receipt.

5. WARRANTY AND LIABILITY

- The Seller warrants that the rice meets the agreed specifications.

- The Seller shall not be liable for any damages beyond the value of the goods sold.
6. FORCE MAJEURE

- Neither party shall be held liable for any failure or delay in performance caused by circumstances

beyond their control, including natural disasters, war, strikes, or government restrictions.

7. DISPUTE RESOLUTION

- Any disputes arising under this contract shall be settled through negotiation. If unresolved,

disputes shall be referred to arbitration under the rules of [Specify Arbitration Body] in [Specify

Location].

8. GOVERNING LAW

- This Contract shall be governed by and construed under the laws of [Specify Country or State].

9. TERMINATION

- Either party may terminate this Contract in case of a material breach by the other party, with

written notice.

10. ENTIRE AGREEMENT

- This Contract constitutes the entire agreement between the parties and supersedes any prior

agreements, whether written or verbal.

SIGNATURES:

SELLER:

Signature: _______________________

Name: ___________________________

Title: ___________________________

Date: ___________________________
BUYER:

Signature: _______________________

Name: ___________________________

Title: ___________________________

Date: ___________________________

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