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    Unit Ii: Sales Contract and Documentation

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    Ayyanar
    The document discusses various types of common contracts including sales contracts, purchase orders, bills of sale, leases, licensing agreements, employment agreements, non-disclosure agreements, government contracts, and option contracts. It provides brief descriptions of each contract type and some key terms that may be included. The document also discusses booking notes, which are contracts that reserve space on carriers' vessels, and delivery notes, which list goods included in a delivery and can serve as a checklist or proof of delivery.

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    Unit Ii: Sales Contract and Documentation

    Uploaded by

    Ayyanar
    37 views93 pages
    The document discusses various types of common contracts including sales contracts, purchase orders, bills of sale, leases, licensing agreements, employment agreements, non-disclosure agreements, government contracts, and option contracts. It provides brief descriptions of each contract type and some key terms that may be included. The document also discusses booking notes, which are contracts that reserve space on carriers' vessels, and delivery notes, which list goods included in a delivery and can serve as a checklist or proof of delivery.

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    The document discusses various types of common contracts including sales contracts, purchase orders, bills of sale, leases, licensing agreements, employment agreements, non-disclosure agreements, government contracts, and option contracts. It provides brief descriptions of each contract type and some key terms that may be included. The document also discusses booking notes, which are contracts that reserve space on carriers' vessels, and delivery notes, which list goods included in a delivery and can serve as a checklist or proof of delivery.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    37 views93 pages

    Unit Ii: Sales Contract and Documentation

    Uploaded by

    Ayyanar
    The document discusses various types of common contracts including sales contracts, purchase orders, bills of sale, leases, licensing agreements, employment agreements, non-disclosure agreements, government contracts, and option contracts. It provides brief descriptions of each contract type and some key terms that may be included. The document also discusses booking notes, which are contracts that reserve space on carriers' vessels, and delivery notes, which list goods included in a delivery and can serve as a checklist or proof of delivery.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 93

    UNIT II

    SALES CONTRACT AND


    DOCUMENTATION
    Common Contract Types

    Sales Contracts
    A sales contract is an agreement between the parties regarding the
    details of the transfer of ownership of an asset.
    Purchase Order
    Bill of Sale
    Warranty
    Lease Agreements
    A lease is an agreement between two parties for the use of property.
    Licensing Agreements
    A licensing agreement, or licensing contract, is an agreement where
    an owner of intellectual property such as a copyright or patent, grants
    another party to use the intellectual property. 
    Employment Agreements
    Employment agreements, or employment contracts are those that specify the terms of employment. This type of
    agreement can be oral or written, although it is easier to enforce if the agreement is written. 
    An employment agreement may contain the following terms:
    Term of employment
    Compensation including wages, salary, or equity
    Benefits
    Non-Compete Clause
    Non-Disclosure Agreements (NDAs)
    A non-disclosure agreement, also called a confidentiality agreement, is often entered by an employer and employee.
    The NDA prohibits the parties from disclosing certain information. Often, the protected information includes
    intellectual property such as trade secrets 
    Government Contracts
    In general, there are three types of federal government contracts used to acquire services or property from private
    parties, non-profits, or state and local governments:
    Procurement contracts
    Federal Grants
    Cooperative Agreements
    Additionally, qualifying small businesses as well as women and minority owned businesses have special opportunities
    to bid on government contracts. Find out more at the U.S. Small Business Administration.
    Option Contract
    An option contract is an agreement between parties that one party has the right to purchase certain rights at a future
    date for a set amount of money. Option contracts may accompany a lease agreement (option to purchase property),
    may function to keep an offer open for an extended period of time, or may accompany a contract giving the party the
    option to renew it.
    RULES
    Booking Note

    A Booking Note is a contract


    for the reservation of space on
    board a carrier’s vessel. The
    Note provides the prospective
    shipper with the carrier’s terms
    and conditions of carriage.
    What is a delivery note?
    A delivery note is a document that lists all the goods included in a
    delivery, and is often referred to as a dispatch note, or goods receipt.
    The note is included in the shipment and lists the quantity of products
    included in the delivery, it doesn’t list any values like price of goods.
    What’s it’s purpose?
    When a customer places an order with you, you should aim to send
    the goods as soon as you can. If a delivery note is created to send with
    the shipment, it can be used as a checklist and, as previously
    mentioned, it can serve as proof of delivery.
    If you choose to manually create a delivery note, you must ensure that
    the goods contained in the shipment are included on the note – you
    may also want to send the invoice with it too.
    When sending a delivery note think about including your logo, and
    make it appealing. Consider your colours and design elements wisely,
    as you can strengthen your company’s branding and recognition
    value.

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