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Sales Agreement - Equipment - Free Editor

EQUIPMENT PURCHASE AND SALE AGREEMENT

Governed by Rhode Island UCC Article 2 (R.I. Gen. Laws Section 6A-2-101 et seq.).

KEY PROVISIONS

  • Late Payment: 12% per annum statutory rate (R.I. Gen. Laws Section 6-26-1)
  • Risk of Loss: R.I. Gen. Laws Section 6A-2-509
  • Inspection/Rejection: R.I. Gen. Laws Sections 6A-2-513, 6A-2-601, 6A-2-602
  • Warranties: R.I. Gen. Laws Sections 6A-2-314, 6A-2-315, 6A-2-316
  • Remedies: R.I. Gen. Laws Sections 6A-2-706, 6A-2-712, 6A-2-718, 6A-2-719
  • Trade Secrets: Rhode Island UTSA (R.I. Gen. Laws Section 6-41-1 et seq.)
  • E-Signatures: Rhode Island UETA (R.I. Gen. Laws Section 42-127.1-1 et seq.)
  • Forum: Superior Court for Providence County

EXECUTION

☐ All placeholders completed ☐ Rhode Island-licensed counsel review

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Sales Agreement - Equipment

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