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Trade between companies

When your company does business with another company, always draw up an unambiguous contract, preferably in writing. 

Concerning the transaction for expamle following matters should be specified in the contract

  • the parties
  • the items sold/purchased
  • price
  • delivery
  • terms of payment
  • other division of responsibilities between the buyer and the seller 

Text edited by: editorial team
Updated: 6/10/2022