Document background
The Buyer Seller Agreement serves as a fundamental legal instrument in Malaysian commerce, establishing a clear framework for commercial transactions between parties. This document is essential when parties wish to formalize their sales arrangement with legally binding terms and conditions. The agreement, governed by Malaysian law including the Contracts Act 1950 and Sale of Goods Act 1957, is particularly crucial for transactions involving significant value, recurring purchases, or complex delivery arrangements. It provides comprehensive coverage of key aspects such as price, payment terms, delivery conditions, warranties, and dispute resolution mechanisms, while ensuring compliance with local regulatory requirements. The document can be customized to accommodate various types of goods and commercial arrangements, making it suitable for both business-to-business and business-to-consumer transactions.
