Major clauses in purchase order

Question

Accepted Answer

Major clauses in a purchase order include payment terms, delivery terms, warranties, and dispute resolution.

Payment terms specify when and how payment should be made.
Delivery terms outline the expected delivery date, shipping method, and any special requirements.
Warranties detail the guarantees provided by the seller regarding the quality and performance of the purchased goods or services.
Dispute resolution clauses establish the procedures to be followed in case of any disagreements or conflicts between the buyer and seller.
Other clauses may include cancellation policies, intellectual property rights, confidentiality agreements, and indemnification clauses.

Accepted Answer

Commercial clauses & legal clauses. These are 02 categories.

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