A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

Opinions expressed by Entrepreneur contributors are their own. Note: This article was excerpted from Business Contracts: Turn Any Business Contract to Your Advantage, which is available from ...

Breach of contract on sales of goods can only occur if the sale involves a legally binding purchase contract between a buyer and a seller. Purchase agreements can be absolute or conditional, meaning ...

Forward and future contracts are financial agreements that include two parties, who accept to purchase or sell a particular asset at a predetermined price by a particular date in the forthcoming time.

When negotiating a contract or any agreement, no matter how meticulous the parties are, there are times when some important provisions are left out. Contract addendums are the solution. As with any ...

This Agreement sets forth the terms and conditions pursuant to which the Data Provider will Disclose the following to the Data Recipient: List of Data to Be Disclosed (AKA: Data Set): Except as ...