Document background
The Master Sale Agreement serves as an essential commercial contract for businesses engaged in regular supply relationships. It streamlines recurring transactions by establishing a comprehensive framework of terms that apply to all future sales, eliminating the need to negotiate individual contracts for each transaction. Under Singapore jurisdiction, this agreement typically includes provisions for ordering procedures, pricing structures, delivery terms, quality standards, and risk allocation. It's particularly valuable for businesses seeking to establish long-term supply relationships while ensuring compliance with Singapore's commercial laws and regulations.
