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GENERAL CONDITIONS OF PURCHASE Attachment GENERAL CONDITIONS OF PURCHASE 1 GENERAL CONDITIONS OF PURCHASE 1.0 Attachment DEFINITIONS In these general conditions of CONTRACT the following terms shall
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General conditions of purchase refer to the standard terms and conditions that govern the buying of goods or services by a company.
Any company that engages in the purchasing of goods or services needs to have general conditions of purchase.
General conditions of purchase can be filled out by including terms related to payment, delivery, warranties, and dispute resolution.
The purpose of general conditions of purchase is to ensure that all parties involved in a purchase transaction understand their rights and obligations.
Information such as payment terms, delivery schedules, quality standards, and dispute resolution mechanisms must be included in general conditions of purchase.
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