wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is contingent goods?


Open in App
Solution

Contingent goods are subtype of future goods in the sense that in contingent goods the actual sale is to be done in the future. For example, a seller may agree to sell a buyer some specific goods that are due to arrive on a particular ship.


flag
Suggest Corrections
thumbs-up
15
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Commercial Bills and Commercial Paper
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon