What does the term ‘future goods’ mean under Section 2(6) of the Sale of Goods Act, 1930?
Under section 2(6) of the Sale of Goods Act, 1930, future goods are goods the seller will manufacture, produce or acquire after making the contract of sale. The goods may…
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What does the term ‘future goods’ mean under Section 2(6) of the Sale of Goods Act, 1930?
Answer and explanation
Correct answer D
Under section 2(6) of the Sale of Goods Act, 1930, future goods are goods the seller will manufacture, produce or acquire after making the contract of sale. The goods may already exist if the seller is yet to acquire them. Existing goods are already owned or possessed by the seller when the contract is made. Identification and delivery are separate questions.
Option feedback
Option A
The goods are already held by the seller. Their remaining unascertained does not make them future goods.
Option B
Identification after the contract does not make goods already held by the seller future goods.
Option C
Goods identified and agreed on when the contract is made are specific goods under section 2(14). Deferred delivery does not itself make them future goods.
Option D
The timing of manufacture, production or acquisition by the seller is the statutory test.
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