Multiple choice

A contract for the sale of future goods is a/an

  1. sale

  2. agreement to sell

  3. maturity contract

  4. hire-purchase contract

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A contract for sale of future goods (goods not yet existing or owned by seller) cannot be a completed 'sale' because property cannot pass now. It is an 'agreement to sell' - the actual sale will occur when the goods come into existence and are identified.