Document background
The Agreement Of Sale Contract is a fundamental commercial document used in Singapore to formalize transactions involving the transfer of goods or assets. This document is essential when parties need to clearly document the terms of a sale, including specific details about the goods, pricing, payment terms, delivery arrangements, and warranties. It's particularly important in Singapore's business environment, where it must comply with the Sale of Goods Act and related commercial legislation. The agreement provides legal certainty and protection for both parties, establishing clear rights, obligations, and remedies in case of breach.
