单词 | existing goods |
释义 | existing goodsexisting goodsin the law of sale of goods, goods owned and possessed by the seller. These differ from FUTURE GOODS, which are goods to be manufactured or acquired by the seller after the contract is made. Whether goods are existing or future goods is of importance in matters such as the passing of property and risk and whether the bargain relating to them is a contract of sale or an agreement to sell. |
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