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Sale on Approval Acknowledgment

This Sale on Approval Acknowledgment confirms receipt of goods by a prospective buyer for evaluation, outlining terms, inspection period, and return procedures. It is used when goods are provided to a customer with the understanding that the sale is not final until the customer explicitly accepts the goods.

Updated 16d ago
sale on approvalacknowledgmentconsignmentgoods evaluationreturn policycustomer agreement

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Recipient Information

To: {{customer_name}}

{{customer_address}}

Attention: {{attention_person}}

Subject

Sale on Approval Acknowledgment - Order/Reference No. {{order_reference_number}}

Acknowledgment of Goods Received

This letter acknowledges your receipt of the following goods on a 'Sale on Approval' basis, as per our agreement dated {{agreement_date}}:

{{item_1_description}}, Quantity: {{item_1_quantity}}, Serial/Lot Number: {{item_1_serial_lot_number}}

{{item_2_description}}, Quantity: {{item_2_quantity}}, Serial/Lot Number: {{item_2_serial_lot_number}}

(Add more items as necessary)

Terms of Approval

1. The approval period for these goods shall be {{approval_period_days}} days, commencing from the date of your receipt as stated above.

2. During the approval period, you are granted the right to inspect and evaluate the goods to determine their suitability for your needs.

3. The goods remain the property of {{company_name}} during the approval period. You are responsible for any loss or damage to the goods from the time of receipt until their return or acceptance.

Acceptance of Goods

1. If you wish to accept the goods, please notify us in writing (email or physical letter) by {{acceptance_deadline_date}}.

2. Upon acceptance, an invoice will be issued for the total amount of {{currency_symbol}}{{total_amount}}, payable within {{payment_terms_days}} days from the invoice date. Title to the goods will pass to you upon full payment.

Return of Goods

1. If you do not wish to accept the goods, you must return them to us, in their original condition and packaging, at your expense, by {{return_deadline_date}}.

2. Returns should be shipped to: {{return_address}}.

3. Failure to return the goods by the specified deadline or failure to provide written notification of rejection will be deemed as acceptance, and you will be invoiced accordingly.

Disclaimer

{{company_name}} makes no express or implied warranties regarding the goods, except as may be explicitly stated in a separate warranty document. This acknowledgment is not a warranty.

Governing Law

This Sale on Approval Acknowledgment shall be governed by and construed in accordance with the laws of {{country}}.

Signature

Sincerely,

_____________________________

(Authorized Signature)

{{sender_name}}

{{sender_title}}

{{company_name}}

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