contract 2 bus 125

The contracts you will be using is UCC SALES CONTRACT

This contract for the sale of goods is between Snick’s Goods, an LLC organized under the laws of theState of CA, the “Buyer , and Jan Knight, a sole proprietor, organized under the laws of the State ofSunshine, the “Seller ”.The parties agree as follows:1. The Seller shall sell to the Buyer and the Buyer shall purchase from the Seller the goods set forth onExhibit A in the quantities and at the prices stated Goods in Exhibit A.2. Unless otherwise stated in Exhibit A, payment for the Goods is due within 60 days of the date of theSeller’s invoice, which date will not be before the date of the Seller’s delivery of the Goods3. The Seller shall deliver the Goods to the Buyer’s facility in Sand, City of Heights, and title to and risk ofloss of the Goods will pass to the Buyer upon such delivery by the Seller. Any stated delivery dates areapproximate. The Seller will not be liable for any losses, damages, penalties, or expenses for failure tomeet any delivery date.4. The Seller disclaims all warranties of quality, whether express or implied, including the warranties ofmerchantability and fitness for particular purpose. The Buyer acknowledges that it has not been inducedby any statements or representations of any person with respect to the quality or condition of theGoods and that no such statements or representations have been made. The Buyer acknowledges that ithas relied solely on the investigations, examinations, and inspections as the Buyer has chosen to makeupon delivery and that the Seller has afforded the Buyer the opportunity for full and completeinvestigations, examinations, and inspections.5. The Seller will not be liable for any indirect, special, consequential, or punitive damages (including lostprofits) arising out of or relating to this agreement or the transactions it contemplates whether forbreach of contract, tort, negligence, or other form of action and irrespective of whether the Seller hasbeen advised of the possibility of any such damage. In no event will the Seller’s liability exceed the pricethe Buyer paid to the Seller for the specific Goods provided by the Seller giving rise to the claim or causeof action.6. No action arising out of or relating to this agreement or the transactions it contemplates may becommenced against the Seller more than 12 months after the basis for such claim could reasonably havebeen discovered.7. The Buyer hereby grants to the Seller a security interest in the Goods sold to the Buyer under thisagreement and any proceeds therefrom (including accounts receivable), until payment in full for theGoods has been received by the Seller. The Buyer shall sign and deliver to the Seller any document toperfect this security interest that the Seller reasonably requests.8. (a) The laws of the CA shall govern all matters arising out of or relating to this agreement and thetransactions it contemplates, including, without limitation, its interpretation, construction, validity,performance (including the details of performance), and enforcement.(b) A party bringing a legal action or proceeding against the other party arising out of or relating to thisagreement or the transactions it contemplates must bring the legal action or proceeding in any court of

theCA. Each party to this agreement consents to the exclusive jurisdiction of the courts of the State of

CA.9. The Seller will not be liable for delays in performance or for non-performance due to unforeseencircumstances or causes beyond the Seller’s reasonable control.10. The Buyer may not assign any of its rights under this agreement or delegate any performance underthis agreement, except with the prior written consent of the Seller. Any purported assignment of rightsor delegation of performance in violation of this section is void.11. In any adversarial proceedings between the parties arising out of this agreement or the transactionsit contemplates, the prevailing party will be entitled to recover from the other party, in addition to anyother relief awarded, all expenses that the prevailing party incurs, including legal fees and expenses.12. This agreement constitutes the entire agreement between the parties with respect to the subjectmatter of this agreement and supersedes all other agreements, whether written or oral, between theparties.13. No amendment to this agreement will be effective unless it is in writing and signed by both parties.14. This agreement will become effective when both parties have signed it. The date this agreement issigned by the last party to sign it (as indicated by the date associated with that party’s signature) will bedeemed the date of this agreement.15. This agreement may be signed in one or more counterparts, which together will form a singleagreement. This agreement may be signed electronically.Each party is signing this agreement on the date stated opposite that party’s signature.Snick’s Goods, LLC (e-signature)Date: 1/12/2024Jan Knight (e-signature)Date: 1/12/2024EXHIBIT AProduct Ordered – TumblersQuantity Ordered – 500 tumblersPrice per unit – $5.00 US per Stamply Thirst TumblersTotal Contract Price for Tumbler – $2,500 USDthe CA. Each party to this agreement consents to the exclusive jurisdiction of the courts of the State ofCA.9. The Seller will not be liable for delays in performance or for non-performance due to unforeseencircumstances or causes beyond the Seller’s reasonable control.10. The Buyer may not assign any of its rights under this agreement or delegate any performance underthis agreement, except with the prior written consent of the Seller. Any purported assignment of rightsor delegation of performance in violation of this section is void.11. In any adversarial proceedings between the parties arising out of this agreement or the transactionsit contemplates, the prevailing party will be entitled to recover from the other party, in addition to anyother relief awarded, all expenses that the prevailing party incurs, including legal fees and expenses.12. This agreement constitutes the entire agreement between the parties with respect to the subjectmatter of this agreement and supersedes all other agreements, whether written or oral, between theparties.13. No amendment to this agreement will be effective unless it is in writing and signed by both parties.14. This agreement will become effective when both parties have signed it. The date this agreement issigned by the last party to sign it (as indicated by the date associated with that party’s signature) will bedeemed the date of this agreement.15. This agreement may be signed in one or more counterparts, which together will form a singleagreement. This agreement may be signed electronically.Each party is signing this agreement on the date stated opposite that party’s signature.Snick’s Goods, LLC (e-signature)Date: 1/12/2024

UCC Sales Contract

The following question is based on the Sales Contract found in the Contracts Module. Please reference the Sales Contract by clause number as you answer the questions.  Remember, this is a contract under the UCC.