- 1 Marks
Question
Under the Sale of Goods Act, goods that are yet to be manufactured are called
A. Existing goods
B. Specific goods
C. Ascertained goods
D. Future goods
E. Unascertained goods
Answer
Answer: D
Explanation:
The correct answer is “D. Future Goods.” Future goods refer to goods that are not yet in existence or yet to be manufactured at the time a contract is made under the Sale of Goods Act. These are goods that the seller has promised to deliver in the future.
- Tags: Future Goods, Sale of Goods Act
- Level: Level 1
- Topic: Sale of Goods
- Series: MAY 2015
- Uploader: Kwame Aikins