A well-drafted sales contract should include: - Parties Involved: Clearly identifying the buyer and the seller. - Product/Service Description: Specific details about what is being sold. - Price and Payment Terms: The agreed-upon price and terms of payment. - Delivery Terms: How and when the product or service will be delivered. - Warranties and Guarantees: Any promises regarding the product's quality or performance. - Liabilities and Dispute Resolution: How issues will be resolved and who is liable for what.