EQUIPMENT PURCHASE AND SALE AGREEMENT
Governed by Idaho UCC Article 2 (Idaho Code Section 28-2-101 et seq.).
KEY PROVISIONS
- Late Payment: 12% per annum statutory (Idaho Code Section 28-22-104)
- Risk of Loss: Idaho Code Section 28-2-509
- Inspection/Rejection: Idaho Code Sections 28-2-513, 28-2-601, 28-2-602
- Warranties: Idaho Code Sections 28-2-314, 28-2-315, 28-2-316
- Remedies: Idaho Code Sections 28-2-706, 28-2-712, 28-2-718, 28-2-719
- Trade Secrets: Idaho Trade Secrets Act (Idaho Code Section 48-801 et seq.)
- E-Signatures: Idaho UETA (Idaho Code Section 28-50-101 et seq.)
- Data Breach: Idaho Code Section 28-51-104 et seq.
- Forum: Ada County, Idaho
EXECUTION
☐ All placeholders completed ☐ Idaho-licensed counsel review