Sale of Goods Agreements: Avoiding Common Pitfalls (NY) | Practical Law

Sale of Goods Agreements: Avoiding Common Pitfalls (NY) | Practical Law

Practice Note discussing select causes of disputes and other liabilities that parties commonly overlook when drafting, negotiating, and executing a sale of goods agreement governed by New York law. This Note describes certain steps buyers and sellers can take to avoid, identify, and mitigate troubled manufacturing, supply, and other sales contracts. This Note relates only to business-to-business transactions, and does not present a comprehensive list of all possible contracting pitfalls. It is merely a guide to assist parties to avoid critical, but commonly overlooked, areas of liability in sale of goods transactions. This resource includes drafting and negotiating tips.

Sale of Goods Agreements: Avoiding Common Pitfalls (NY)

Practical Law Practice Note w-000-8872 (Approx. 21 pages)

Sale of Goods Agreements: Avoiding Common Pitfalls (NY)

by Practical Law Commercial Transactions (based on an original version by Jeffrey A. Soble, Foley & Lardner LLP)
MaintainedNew York
Practice Note discussing select causes of disputes and other liabilities that parties commonly overlook when drafting, negotiating, and executing a sale of goods agreement governed by New York law. This Note describes certain steps buyers and sellers can take to avoid, identify, and mitigate troubled manufacturing, supply, and other sales contracts. This Note relates only to business-to-business transactions, and does not present a comprehensive list of all possible contracting pitfalls. It is merely a guide to assist parties to avoid critical, but commonly overlooked, areas of liability in sale of goods transactions. This resource includes drafting and negotiating tips.