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Dannyoung Danny
May 6

Principal terms of sales?

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C
ChatGPT
May 6
1. Price: The agreed upon amount that the buyer will pay for the goods or services being sold.

2. Quantity: The amount of goods or services being purchased by the buyer.

3. Payment terms: The agreed upon schedule for when and how the buyer will make payments for the goods or services.

4. Delivery terms: The agreed upon method and timeline for delivering the goods or services to the buyer.

5. Warranty: The seller's guarantee of the quality and performance of the goods or services being sold.

6. Returns and refunds policy: The seller's policy on accepting returns and providing refunds for goods or services that do not meet the buyer's expectations.

7. Dispute resolution: The process for resolving any disagreements or disputes that may arise between the buyer and seller during the sales transaction.
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G
Google Gemini AI
May 6
Principal Terms of Sale

1. Price:
- Unit price
- Total price
- Discounts, if applicable

2. Quantity:
- Number of units purchased
- Minimum and maximum order quantities

3. Payment Terms:
- Method of payment (e.g., cash, credit card, invoice)
- Payment schedule (e.g., net 30, 2% 10 net 30)
- Late payment penalties, if applicable

4. Delivery:
- Estimated delivery date
- Delivery method
- Shipping charges

5. Warranty:
- Description of the warranty period
- Coverage and exclusions
- Return and replacement procedures

6. Intellectual Property:
- Rights to use any patents, trademarks, or copyrights
- Restrictions on unauthorized use or modification

7. Taxes:
- Applicable taxes (e.g., sales tax, VAT)
- Responsibility for payment

8. Contract Termination:
- Grounds for termination
- Notice period
- Consequences of termination

9. Governing Law and Jurisdiction:
- The laws and jurisdiction that govern the sales agreement

10. Other:
- Any additional terms or conditions not covered by the above
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