Document background
The Buyer Seller Agreement serves as a fundamental commercial contract in Austrian business transactions, establishing legally binding obligations between parties engaging in the sale and purchase of goods or services. This document is essential for both domestic and international trade relations involving Austrian parties or choosing Austrian law as the governing law. It incorporates mandatory provisions from the Austrian Civil Code (ABGB) and Commercial Code (UGB), while also accounting for relevant EU regulations and international trade conventions where applicable. The agreement is particularly crucial for establishing clear terms regarding product specifications, pricing, delivery conditions, warranties, and risk allocation. It provides legal certainty by clearly defining the rights and obligations of both parties, helping prevent disputes and establishing procedures for resolution when they arise. The document's structure and content are designed to comply with Austrian legal requirements while remaining flexible enough to accommodate various commercial arrangements and sector-specific needs.
