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CSEET · Business Laws and Management · Elements of Law relating to Sale of Goods

Mohan Traders agrees to sell a particular stock of 200 bags of basmati rice lying in its godown at Karnal. Under the Sale of Goods Act, 1930, goods of this kind, identified and agreed upon at the time the contract is made, are best described as:

The goods are specific goods because they are identified and agreed upon when the contract is made. The particular 200 bags in the Karnal godown are fixed in advance. Future goods would be those the seller is yet to produce or acquire after making the contract.

  1. AFuture goods
  2. BSpecific goodsCorrect
  3. CContingent goods
  4. DUnascertained goods only

Explanation

Goods identified and agreed upon at the time the contract of sale is made are specific goods. The 200 bags in the named godown are identified, so they are specific. Future goods are goods to be manufactured, produced or acquired by the seller after the contract is made, which does not fit here.

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