Multiple choice

A contract for sale of future goods is

  1. agreement to sell

  2. sale

  3. hire purchase agreement

  4. None of these

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

Future goods mean goods to be manufactured or produced or acquired by the seller after making the contract for sale. Thus, the contract for sale of future goods is agreement to sell in future when the goods will come into the possession of seller.