Product Purchase Agreement Form

No party is authorized to assign this Agreement and the rights of this Agreement. Here are some examples of potential sellers and buyers who need to use this agreement. Implied Warranties: An implied warranty is an unwritten promise that the goods purchased meet a minimum level of quality. These are essentially automatic guarantees that buyers receive when they purchase goods from a trader. There are two implied warranties arising from the PEA. The sale of goods is subject to Section 2 of the Commercial Uniform and has been handled by almost every U.S. jurisdiction. If you do not have a sales contract, you may not understand your contractual rights and obligations, the economic consequences of the risks and the remedies and protection available to you legally.