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purchase contract review

Review the names of the parties involved

Verify the effective date of the contract

Ensure all necessary contact information for each party is included

Review any specific terms or conditions related to the contract

Check for any amendments or addendums to the original agreement

Verify that all exhibits or attachments referenced in the contract are included

Review the total purchase price

Verify any deposit or payment schedule

Assess any discounts or penalties for late payment

Check the delivery schedule

Verify the method of delivery

Review the acceptance criteria

Assess any warranties provided by the seller

Verify any guarantees for product performance

Review the process for making warranty claims

Review indemnification clauses

Assess liability limitations

Verify insurance requirements

Review the conditions for contract termination

Assess the consequences of breach of contract

Verify any remedies available in case of breach

Review confidentiality provisions

Assess non-disclosure requirements

Verify any restrictions on sharing information

Review the process for resolving disputes

Assess the choice of law and jurisdiction

Verify any arbitration or mediation clauses

Verify that all sections of the contract have been reviewed

Confirm that any amendments or addendums are included

Ensure that all necessary signatures are present

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