Document background
The Purchase Contract is a fundamental commercial document used to formalize the sale and purchase of goods or assets between parties under Swiss law. It serves as the primary agreement establishing the rights and obligations of both buyer and seller, ensuring legal certainty and clarity in commercial transactions. This document is essential for businesses engaged in both domestic and international trade, incorporating key provisions required under the Swiss Code of Obligations and, where applicable, international commercial law. The Purchase Contract should be used whenever there is a significant transfer of goods or assets, particularly for high-value transactions, complex deliveries, or when specific warranties or quality requirements need to be documented. It includes crucial information about the goods, pricing, payment terms, delivery conditions, warranties, and risk transfer, providing a comprehensive framework for the transaction.
