Agreement on Goods and Price

Oct 13, 2025 by thesweetdesigns.com 8 views

The Sale and Purchase Agreement of High Speed Diesel-Type Fuel: A Case Study of PT. Prayasa Indomitra Sarana and PT. BUMA NIAGA PERKASA

Introduction

The Sale and Purchase Agreement for Fuel (BBM) Type of High Speed Diesel (HSD) between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa is a significant legal event that arises from public policy. This agreement is a clear proof of the legal authority of the two companies to conduct fuel trading, as given by Law Number 22 of 2001 concerning Oil and Gas. The purpose of this article is to discuss the validity of the agreement, the responsibility of the parties if there is a failure to fulfill the obligation, as well as the important role of the principle of balance in the sale and purchase agreement.

The Validity of the Sale and Purchase Agreement

The validity of the sale and purchase agreement is determined by several factors, including the agreement on goods and the price. The agreement on goods refers to the type and quantity of fuel to be sold, while the agreement on price refers to the amount to be paid for the fuel. In the case of PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa, the agreement on goods and price is clear and specific. However, the postponement of the agreement on price until the fulfillment of certain events that are agreed does not mean the agreement is postponed. What is delayed is the work power of the legal engagement in the agreement.

The Legal Authority of the Parties

The legal authority of the parties is a crucial factor in determining the validity of the sale and purchase agreement. According to Law Number 22 of 2001 concerning Oil and Gas, both parties must have a Public Commerce Business License to conduct fuel trading. PT. Prayasa Indomitra Sarana obtained this license after fulfilling the requirements set by the Public Oil and Gas Commerce Regulations. This legal authority is essential in ensuring that the agreement is valid and binding.

Contractual Accountability

Contractual accountability refers to the responsibility of the parties to fulfill their obligations under the agreement. In the case of PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa, contractual accountability arises in the event of a default, which is given in the form of payment of costs, compensation, and expected benefits. However, if one party is revoked, the accountability that arises is no longer based on the legal engagement in the agreement, but is born from acts against the law (Onrechtmatgedaad).

The Principle of Balance

The principle of balance plays an important role in ensuring that the agreement is fair and balanced for both parties. There are two types of balance, namely equilibrium balance and proportional balance. Equilibrium balance refers to the main achievement of the sale and purchase agreement, while proportional balance refers to the values of the agreement that are considered to determine whether there is an imbalance or precisely there are proportional balance values.

Conclusion

In conclusion, the fuel sale and purchase agreement between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa has fulfilled the requirements of validity. It is essential to understand legal authority, agreement of goods and prices, as well as the responsibilities of each party, both in terms of default and overmacht. The principle of balance also plays an important role in ensuring that the agreement is fair and balanced for both parties.

Recommendations

Based on the findings of this study, the following recommendations are made:

Legal Authority: Both parties must have a Public Commerce Business License to conduct fuel trading.
Agreement on Goods and Price: The agreement on goods and price must be clear and specific.
Contractual Accountability: The parties must fulfill their obligations under the agreement.
Principle of Balance: The principle of balance must be considered to ensure that the agreement is fair and balanced for both parties.

Limitations of the Study

This study has several limitations, including:

Scope: The study only focuses on the sale and purchase agreement between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa.
Methodology: The study uses a normative juridical method, which may not be applicable to all cases.
Data: The study relies on secondary data, which may not be up-to-date or accurate.

Future Research Directions

Future research directions include:

Comparative Study: A comparative study of the sale and purchase agreement between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa with other companies.
Empirical Study: An empirical study of the sale and purchase agreement between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa.
Theoretical Study: A theoretical study of the principle of balance in the sale and purchase agreement.

References

Law Number 22 of 2001 concerning Oil and Gas.
Public Oil and Gas Commerce Regulations.
PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa. (2020). Sale and Purchase Agreement for Fuel (BBM) Type of High Speed Diesel (HSD).

Appendix

The appendix includes the sale and purchase agreement between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa, as well as the Public Commerce Business License obtained by PT. Prayasa Indomitra Sarana.
Q&A: The Sale and Purchase Agreement of High Speed Diesel-Type Fuel

Introduction

The sale and purchase agreement of high speed diesel-type fuel between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa is a complex legal agreement that requires a deep understanding of the underlying principles and regulations. In this Q&A article, we will address some of the most frequently asked questions about the sale and purchase agreement, including its validity, contractual accountability, and the principle of balance.

Q: What is the validity of the sale and purchase agreement?

A: The validity of the sale and purchase agreement is determined by several factors, including the agreement on goods and the price. The agreement on goods refers to the type and quantity of fuel to be sold, while the agreement on price refers to the amount to be paid for the fuel. In the case of PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa, the agreement on goods and price is clear and specific.

Q: What is the legal authority of the parties?

A: The legal authority of the parties is a crucial factor in determining the validity of the sale and purchase agreement. According to Law Number 22 of 2001 concerning Oil and Gas, both parties must have a Public Commerce Business License to conduct fuel trading. PT. Prayasa Indomitra Sarana obtained this license after fulfilling the requirements set by the Public Oil and Gas Commerce Regulations.

Q: What is contractual accountability?

A: Contractual accountability refers to the responsibility of the parties to fulfill their obligations under the agreement. In the case of PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa, contractual accountability arises in the event of a default, which is given in the form of payment of costs, compensation, and expected benefits.

Q: What is the principle of balance?

A: The principle of balance plays an important role in ensuring that the agreement is fair and balanced for both parties. There are two types of balance, namely equilibrium balance and proportional balance. Equilibrium balance refers to the main achievement of the sale and purchase agreement, while proportional balance refers to the values of the agreement that are considered to determine whether there is an imbalance or precisely there are proportional balance values.

Q: What are the limitations of the study?

A: This study has several limitations, including:

Scope: The study only focuses on the sale and purchase agreement between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa.
Methodology: The study uses a normative juridical method, which may not be applicable to all cases.
Data: The study relies on secondary data, which may not be up-to-date or accurate.

Q: What are the future research directions?

A: Future research directions include:

Comparative Study: A comparative study of the sale and purchase agreement between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa with other companies.
Empirical Study: An empirical study of the sale and purchase agreement between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa.
Theoretical Study: A theoretical study of the principle of balance in the sale and purchase agreement.

Q: What are the references used in this study?

A: The references used in this study include:

Law Number 22 of 2001 concerning Oil and Gas.
Public Oil and Gas Commerce Regulations.
PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa. (2020). Sale and Purchase Agreement for Fuel (BBM) Type of High Speed Diesel (HSD).

Conclusion

The sale and purchase agreement of high speed diesel-type fuel between PT. Prayasa Indomitra Sarana and PT. Buma Niaga Perkasa is a complex legal agreement that requires a deep understanding of the underlying principles and regulations. This Q&A article has addressed some of the most frequently asked questions about the sale and purchase agreement, including its validity, contractual accountability, and the principle of balance.