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The Sale of Goods Agreement is a fundamental commercial contract used in Saudi Arabia for transactions involving the transfer of goods from a seller to a buyer. This document is essential for businesses operating in Saudi Arabia, whether in domestic or international trade, and must comply with both the Kingdom's commercial regulations and Sharia law principles. It is commonly used when parties need to establish clear terms for the sale of goods, including specific details about pricing, delivery, quality standards, and warranty terms. The agreement is particularly important in Saudi Arabia's business environment where formal documentation of commercial transactions is required for legal enforcement and regulatory compliance. It serves multiple sectors from manufacturing to retail and can be adapted for various transaction sizes, from single shipments to long-term supply arrangements.

1. Parties: Identification of seller and buyer with full legal names, addresses, and commercial registration details

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Key terms used throughout the agreement, including technical terms related to the goods

4. Sale and Purchase Obligation: Core agreement for sale and purchase, including basic description of goods

5. Price and Payment Terms: Purchase price, payment schedule, method of payment (ensuring Sharia compliance)

6. Delivery and Risk: Delivery terms, timing, location, and point of risk transfer

7. Quality and Specifications: Quality standards, specifications, and compliance requirements for the goods

8. Inspection and Acceptance: Procedures for inspecting goods and accepting/rejecting delivery

9. Warranties: Seller's warranties regarding goods quality, title, and fitness for purpose

10. Title Transfer: Terms governing when and how title passes from seller to buyer

11. Term and Termination: Duration of agreement and circumstances allowing termination

12. Confidentiality: Protection of confidential information exchanged during the transaction

13. Dispute Resolution: Procedures for resolving disputes, including Sharia-compliant arbitration

14. Governing Law: Confirmation of Saudi law and Sharia principles as governing law

15. General Provisions: Standard clauses including notices, amendments, and entire agreement