Question

X agrees to sell, Y all crops of wheat to be grown in X farm, in this case.

• A. It is a contract of sale of present goods
• B. There is no contract of sale
• C. It is an agreement to sell of future goods
• D. None of the above

Answer 1

The correct option is C It is an agreement to sell of future goods

X agrees to sell Y, all crops of wheat to be grown in X farm, in this case- it is an agreement to sell of future goods as the delivery of goods will be made at a future date. Future goods are those goods which are to be delivered in future. Future goods are not delivered at the time of agreement.