Contract Checklist - Buying Selling Goods

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Contract Checklist -- Buying/Selling Goods
Contracts can be complicated, but it's important that you make sure it covers everything,
so that neither party comes out on the losing end. Use this checklist to give your
contract for goods a onceover. If the answer to the question is yes, put a check or "X" in
the box. If the answer is no, add it to your contract (if necessary).
Does the contract include…
…names and addresses of all parties?
…date of the contract?
…accurate description of the goods changing hands?
…length of the contract?
…how orders will be processed?
…stipulations for the rejection/changing of goods?
…specifics on the price(s)?
…shipping arrangement details
…packaging specifcs?
…timeframe for delivery
…payment arrangements
…a non-compete clause?
…a confidentiality clause?
…dispute resolution methods?
…details on who pays legal costs in any litigation?
…indemnity or hold harmless clause?
…limitation of liability clause?
…termination on insolvency clause?
…a statement of the contractor/client relationship?
…provisions for terminating the agreement?
…correct signature boxes?
…signatures/initials/dates?
…the jurisdication for this contract?

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