This contract is between Mr. Chang Yun Choi, the seller, and Zakariah Bin Yunus, the buyer, for the sale of a used Hitachi backhoe loader/excavator, model UH045-7. The agreed sale price is RM 30,000, with a deposit of RM 10,000 and the remaining balance to be paid over 4 monthly installments. If the buyer fails to make payments on time, the seller has the right to retake ownership of the vehicle and refund half of the deposit to the buyer. Both parties agree that this contract is valid under the Sales of Goods Act 1965.
This contract is between Mr. Chang Yun Choi, the seller, and Zakariah Bin Yunus, the buyer, for the sale of a used Hitachi backhoe loader/excavator, model UH045-7. The agreed sale price is RM 30,000, with a deposit of RM 10,000 and the remaining balance to be paid over 4 monthly installments. If the buyer fails to make payments on time, the seller has the right to retake ownership of the vehicle and refund half of the deposit to the buyer. Both parties agree that this contract is valid under the Sales of Goods Act 1965.
This contract is between Mr. Chang Yun Choi, the seller, and Zakariah Bin Yunus, the buyer, for the sale of a used Hitachi backhoe loader/excavator, model UH045-7. The agreed sale price is RM 30,000, with a deposit of RM 10,000 and the remaining balance to be paid over 4 monthly installments. If the buyer fails to make payments on time, the seller has the right to retake ownership of the vehicle and refund half of the deposit to the buyer. Both parties agree that this contract is valid under the Sales of Goods Act 1965.
This is a contract made between the SELLER, Mr. CHANG YUN CHOI, IC no. (521130-12- 5201) and the BUYER, Zakariah Bin Yunus ,IC No.( 630925-12-5603 ), for the sale of ONE unit of Hitachi, model UH045-7. The date of sale is 21 th July 2013. The agreed price between SELLER and BUYER is RM 30,000.00.
Commodity: Vehicle: Hitachi Type of vehicle: Backhoe loader/ Excavator Model No.: UH045-7 Chasis No.: 129-8650
Terms of payment: Sale/Purchase price: RM 30,000.00 Deposit: RM 10,000.00 Repayment period: 4 months (120 days) from the day of sale
Settlement of full payment by BUYER must be made within 4 months (120days) starting from the date of sale of goods. In case BUYER delays payment and failure of payment of the goods as per agreed by both parties, SELLER has fully rights to claim and retake the goods for own ownership, BUYER has no legal rights to dispute the decision. Settlement of payment amount can be refunded halfly by the SELLER to BUYER once contract breached.
Upon mutual agreement of both parties of SELLER and BUYER, this contract is valid under Sales of Goods act 1965.