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Terms & Conditions For Sales Invoice
"I need Terms & Conditions For Sales Invoice for my Malaysian electronics manufacturing company that sells components to other businesses, with 30-day payment terms and specific quality assurance provisions for semiconductor parts."
1. 1. Definitions and Interpretation: Defines key terms used throughout the document and establishes rules of interpretation
2. 2. Application of Terms: Establishes that these terms govern all sales transactions and supersede any other terms
3. 3. Orders and Acceptance: Details how orders are placed, accepted, and when a binding contract is formed
4. 4. Price and Payment: Specifies pricing, payment terms, due dates, and consequences of late payment
5. 5. Delivery and Risk: Covers delivery terms, transfer of risk, and inspection requirements
6. 6. Title Retention: Establishes when ownership transfers and retention of title provisions
7. 7. Product Quality and Returns: Details product quality standards, warranty terms, and return procedures
8. 8. Limitation of Liability: Sets out the extent and limitations of seller's liability
9. 9. Force Majeure: Addresses circumstances beyond reasonable control affecting performance
10. 10. Governing Law: Specifies Malaysian law as governing law and jurisdiction for disputes
1. Credit Terms: Include when offering credit facilities to regular customers, detailing credit limits and conditions
2. Electronic Transactions: Include when accepting electronic orders or providing electronic invoicing
3. Export Terms: Include for international sales, covering export regulations and international shipping terms
4. Bulk Purchase Discounts: Include when offering volume-based pricing structures
5. Intellectual Property: Include when selling products with associated intellectual property rights
6. Data Protection: Include when collecting and processing customer personal data
7. Insurance: Include when specific insurance requirements apply to the goods during transit
1. Schedule 1: Price List: Current pricing structure and any volume-based discounts
2. Schedule 2: Delivery Charges: Breakdown of delivery charges by region or delivery method
3. Schedule 3: Product Specifications: Detailed specifications of products covered by these terms
4. Schedule 4: Returns Procedure: Step-by-step process for handling returns and claims
5. Appendix A: Credit Application Form: Standard form for customers requesting credit terms
6. Appendix B: Warranty Terms: Detailed warranty terms and conditions for different product categories
Authors
Retail
Manufacturing
Wholesale
E-commerce
Construction
Technology
Food and Beverage
Automotive
Electronics
Consumer Goods
Industrial Supplies
Healthcare
Agriculture
Textiles
Legal
Finance
Sales
Accounts Receivable
Credit Control
Operations
Compliance
Commercial
Administration
Treasury
Chief Financial Officer
Finance Manager
Accounts Receivable Manager
Sales Director
Commercial Manager
Legal Counsel
Credit Controller
Business Development Manager
Operations Manager
Compliance Officer
Contract Administrator
Sales Administrator
Financial Controller
Treasury Manager
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