Terms of Business – Sale of Goods (Business to Business)
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These Terms of Business for the Sale of Goods provide a comprehensive
series of protections for the Seller in a business to business transaction,
carefully regulating the relationship between Buyer and Seller.
These terms of business have been updated and now include a
"Contract Schedule", the use of which enables the terms to be easily
converted into a binding agreement. The new contract schedule should be
used in conjunction with the terms of business and cannot stand alone as a
contract. The terms may still stand alone as a set of standard (often
pre-contractual) terms and conditions.
This document should be used when both Buyer and Seller are UK-based
companies, acting in the course of their business. If the parties wish to
enter a long term supply of goods relationship then a Long Term Supply
Agreement may be more appropriate.
The retention of title provision in these terms and conditions does not
allow for the recovery of proceeds of a sub-sale or the acquiring of title
in subsequently manufactured goods. If you are to supply goods for these
purposes it is recommended that you use terms and conditions designed for
use with either goods for resale or manufacture.
Optional phrases / clauses are enclosed in square brackets. These should be
read carefully and selected so as to be compatible with one another. Unused
options should be removed from the document.
This template is duplicated in the Terms and Conditions group.
These Terms of Business for the Sale of Goods contain the following
1. Application of Conditions
3. Basis of Sale
4. Orders and Specifications
10. Risk and Retention of Title
12. Defective Goods
13. Buyer’s Default
14. Limitation of Liability
15. Confidentiality, Publications and Endorsements
17. Force Majeure
20. Third Party Rights
21. Law and Jurisdiction
And the following Schedule:
1. Contract of Sale
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