Document background
The Sale of Goods Agreement is a fundamental commercial contract used when one party (the seller) agrees to transfer ownership of specific goods to another party (the buyer) in exchange for payment. This agreement type is essential for businesses operating in Denmark or engaging in trade with Danish entities, as it must comply with the Danish Sale of Goods Act and related EU regulations. The document typically includes detailed provisions on product specifications, pricing, delivery terms, quality standards, warranties, and risk allocation. It's particularly important for international trade relationships as it provides clarity on jurisdiction and applicable law while incorporating relevant international trade terms (Incoterms). The agreement can be customized for various industries and transaction types, from simple one-time purchases to complex ongoing supply arrangements.
