A contract for the sale of future goods is
Asked by admin @ in Accountancy viewed by 454 People
A contract for the sale of “future goods” is
Answered by admin @
- Hey user !
Answer:
In sec 2(6) of the Act, future goods have been defined as the goods that will either be manufactured or produced or acquired by the seller at the time the contract of sale is made. The contract for the sale of future goods will never have the actual sale in it, it will always be an agreement to sell.
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