Generic or Unascertained Goods

May 15, 2023

These are the goods which are not identified and agreed upon at the time when the contract is made. They are identified only by description. For example, A, who owns bullet show room, has 100 bikes  and agrees to sell any one of them to B. The contract is for unascertained goods, because which particular car shall be sold to B has not been identified at the time of the contract of sale. Unascertained goods are sometimes termed as generic goods.

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