Goods that are identified and agreed upon at the time of contract of sale are known as
-
specific goods
-
existing goods
-
future goods
-
generic goods
A
Correct answer
Explanation
Specific goods are goods identified and agreed upon at the time a contract of sale is made. They are concrete, identifiable items (e.g., 'this particular painting' or 'the car in the showroom'). Existing goods are owned or possessed by the seller at sale time but may not be specifically identified yet. Future goods are those to be manufactured/acquired later. Generic goods are sold by description, not specific identity. Option A correctly defines specific goods.