This document can be used to draft standard terms and conditions for the sale of consigned goods between a Purchaser and a Seller. The goods are consigned with the Seller with the Purchaser acquiring the legal title.
A standard terms and conditions for sale of consigned goods provide a framework for the order, payment and delivery of goods in a sale and purchase transactions. Parties are deemed to have accepted them by transacting without signing.
This terms and conditions should be read along with the purchase order and the sale and purchase agreement between the parties. The Buyer gives the Seller the purchase order, who will supply and deliver the Goods subject to this terms and conditions for sale of bullion.
This document should be carefully drafted by the Selling Company and carefully read by the Purchaser.
If either party wishes to amend the terms and conditions in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.
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