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Sales Agreement - Equipment - Free Editor

EQUIPMENT PURCHASE AND SALE AGREEMENT

Governed by Wisconsin UCC Article 2 (Wis. Stat. Section 402.101 et seq.).

KEY PROVISIONS

  • Late Payment: 5% per annum statutory rate (Wis. Stat. Section 138.04); up to 12% by contract
  • Risk of Loss: Wis. Stat. Section 402.509
  • Inspection/Rejection: Wis. Stat. Sections 402.513, 402.601, 402.602
  • Warranties: Wis. Stat. Sections 402.314, 402.315, 402.316
  • Remedies: Wis. Stat. Sections 402.706, 402.712, 402.718, 402.719
  • Trade Secrets: Wisconsin UTSA (Wis. Stat. Section 134.90)
  • E-Signatures: Wisconsin UETA (Wis. Stat. Section 137.11 et seq.)
  • Forum: Circuit Court for Dane County or Milwaukee County

EXECUTION

☐ All placeholders completed ☐ Wisconsin-licensed counsel review

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Sales Agreement - Equipment

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