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Concept of goods

Concept of goods

by Sabaha Sadia sara -
Number of replies: 0

We say that goods are in a deliverable state when their condition is such that the buyer would, under the contract, be bound to take delivery of these goods.

Goods may be further understood in the following subtypes:

1. Existing Goods:

 The existing goods are further of the following types:

A) Specific Goods

B) Ascertained Goods

C) Unascertained Goods



2. Future Goods

3. Contingent Goods