Multiple choice

Goods which are to be manufactured or produced or acquired by the seller after making the contract of sale are known as

  1. specific goods

  2. existing goods

  3. future goods

  4. unascertained goods
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Future goods are goods that are to be manufactured, produced, or acquired by the seller after making the contract of sale. They do not exist at the time the contract is made. Option A (specific goods) refers to identified and agreed-upon goods. Option B (existing goods) are those owned or possessed by the seller at the time of contract. Option D (unascertained goods) are existing goods not yet specifically identified.

Keep practicing — related questions