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Terms and Conditions - What to consider

• Price
  Does it include VAT, carriage and delivery, other costs and expenses or have provision for variation?
  
  
• Credit Terms
  
  
• Provision for late payment - interest on overdue sums.
  
  
• Delivery specifications
  Place, date and time, delivery by instalments, exclusion of liability for defective or late delivery.
  
  
• Ownership and risk
  Who is liable for accidental damage during transit?
  
  
• Unforeseen circumstances
  What happens if performance is impossible because of unforeseen circumstances?
  
  
• Insurance
  Who is to bear the risk and at what stage?
  
  
• Provision for a buyer in financial difficulty. 
  
  
• Title of goods
  Is the title to the goods to pass before payment?