South Dakota Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website

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US-01815BG
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This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

South Dakota Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website is a legally binding contract designed to protect both the purchaser and the seller when it comes to the sale and re-sale of goods on the purchaser's website. This agreement outlines the representations and warranties made by the seller regarding the quality, condition, and legality of the goods being purchased. It provides a clear framework for resolving any disputes that may arise in relation to these representations and warranties. Some keywords relevant to this topic could include: 1. South Dakota: This agreement is specifically tailored to meet the legal requirements of the state of South Dakota. It is important to consider state-specific regulations and laws when entering into any contractual agreements. 2. Agreement: This term highlights the legal nature of the document, emphasizing that it is a binding contract between the purchaser and the seller. 3. Representations: This section of the agreement outlines the promises and statements made by the seller about the goods being sold. It ensures that the seller provides accurate and truthful information to the purchaser. 4. Warranties: This section encompasses the assurances made by the seller regarding the quality, condition, and legality of the goods. It outlines the remedies available to the purchaser if the goods do not meet the specified standards. 5. Goods Purchased: This aspect of the agreement refers to the products or items bought by the purchaser from the seller. It can include any tangible or digital goods that are intended for re-sale on the purchaser's website. 6. Re-Sold on Purchaser's Website: This clarifies that the goods purchased from the seller will be resold through the purchaser's website. It specifies the platform through which the transaction will take place. Different types of South Dakota Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website may include agreements for various industries or sectors, such as: 1. Electronics: An agreement specifically tailored for the purchase and re-sale of electronic goods, ensuring that the purchaser receives accurate information about the functionality and condition of the products. 2. Apparel: This type of agreement could outline the representations and warranties for clothing and fashion items purchased and re-sold on the purchaser's website, covering aspects such as size, quality, and material composition. 3. Automotive: An agreement focusing on the sale and re-sale of vehicles and automotive parts, including representations and warranties related to the vehicle's history, conditions, and legality. 4. Software: This type of agreement would be applicable to the purchase and re-sale of software products, including representations and warranties regarding the software's functionality, compatibility, and licensing. These are just a few examples of different types of South Dakota Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website. It is important to customize and tailor the agreement to align with the specific industry or goods being purchased and re-sold. Seeking legal advice is recommended to ensure compliance with local laws and regulations.

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FAQ

Subparagraph E states that the balance of the purchase price (which must be filled in) will be deposited in escrow prior to closing. Subparagraph F shows the total purchase price.

A representation is a statement of past or present fact (either express or implied) made by one party to induce the other party to enter into the agreement.

A representation is an assertion as to a fact, true on the date the representation is made, that is given to induce another party to enter into a contract or take some other action. A warranty is a promise of indemnity if the assertion is false.

Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.

The representations and warranties section of the Purchase Agreement is one of the most negotiated sections of any agreement between a buyer and a seller. It covers statements of fact and promises about what is sold. The seller will make several representations and warranties about the target and assets.

What Should I Include in a Sales Contract?Identification of the Parties.Description of the Services and/or Goods.Payment Plan.Delivery.Inspection Period.Warranties.Miscellaneous Provisions.

Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.

A representation is an assertion of past or existing fact given by one party to induce another party to enter into an agreement. A warranty is a promise that the assertion of existing fact or future facts are or will be true, along with an implied promise of indemnity if the assertion is false.

The Purchase & Sale Agreement (P&S) is a legally binding contract that dictates how the sale of a home will proceed. It comes after the Offer to Purchase, and supersedes that earlier document once it's signed.

Reps and warranties is a term used to describe the assertions that a buyer and/or seller makes in a purchase and sale agreement. Both parties are relying on each other to provide a true account of all information and supporting documents to close the transaction.

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South Dakota Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website