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Business Studies

Ways of Consumer Protection

The goods whi...

Question

The goods which are either owned or possessed by the seller at the time of the contract are known as _________.

A

generic goods

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B

future goods

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C

existing goods

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D

contingent goods

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Solution

The correct option is A existing goods
The goods which are either owned or possessed by the seller at the time of contract are known as existing goods.

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