Asked by
mackenzie griffith
on Dec 20, 2024Verified
Future goods cannot be the subject of a present sale.
Future Goods
Futures goods are items that are to be manufactured, produced, or acquired by the seller after the sale has been made.
Present Sale
A transaction in which the transfer of ownership of goods from the seller to the buyer occurs immediately or within a very short period following the agreement.
Subject
In various contexts, it refers to an individual or entity being discussed, analyzed, or governed.
- Distinguish among current, subsequent, and interchangeable products as outlined in the Uniform Commercial Code.
Verified Answer
RG
Learning Objectives
- Distinguish among current, subsequent, and interchangeable products as outlined in the Uniform Commercial Code.