Supply Agreement
"What should be included in supply agreements under Turkish law?"
Quick Answer
Supply agreements should cover specifications, pricing mechanisms, delivery terms, warranties, liability limits, termination rights, and dispute resolution.
Scope and Legal Distinctions
A supply agreement should govern recurring orders, specifications and changes rather than merely name a product. Forecasts, minimum commitments and accepted orders can have different legal effects.
What to Check in Practice
Define quality evidence, inspection, delivery, price changes, payment security and cancellation; retain each order and acceptance record.
Sources & Authorities
Statutory framework and official guidance for this definition.
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