Sales Agreement - Equipment - Free Editor
EQUIPMENT PURCHASE AND SALE AGREEMENT
Governed by South Carolina UCC Article 2 (S.C. Code Ann. Section 36-2-101 et seq.).
KEY PROVISIONS
- Late Payment: 8.75% per annum statutory rate (S.C. Code Ann. Section 34-31-20)
- Risk of Loss: S.C. Code Ann. Section 36-2-509
- Inspection/Rejection: S.C. Code Ann. Sections 36-2-513, 36-2-601, 36-2-602
- Warranties: S.C. Code Ann. Sections 36-2-314, 36-2-315, 36-2-316
- Remedies: S.C. Code Ann. Sections 36-2-706, 36-2-712, 36-2-718, 36-2-719
- Trade Secrets: South Carolina Trade Secrets Act (S.C. Code Ann. Section 39-8-10 et seq.)
- E-Signatures: South Carolina UETA (S.C. Code Ann. Section 26-6-10 et seq.)
- Forum: Court of Common Pleas, Richland County or Charleston County
EXECUTION
☐ All placeholders completed ☐ South Carolina-licensed counsel review
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