Goods which are not ascertained at the time of the contract and are defined only by description are called as
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● Goods which are not ascertained at the time of the contract and are defined only by description are called as
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The goods described in this question are called UNASCERTAINED GOODS.
- It is a sort of commercial product.
- The seller offers this item to the buyer, but it is not included exactly in the legal contract in the manner or conditions that are provided.
- In this scenario, the legal contract between the buyer and seller is just that the seller would sell certain products (not exactly mentioned) to the buyer within the time frame specified.
- In other circumstances, the item may not be determined throughout the contract or the quantity may not be specified exactly. Unascertained items are what they're called.
- For example, a vendor may offer to sell a customer one of several similar products without specifically mentioning the name of the item the buyer will get. When this item is finalized, such as when it is being readied for transportation, it becomes specific but it was not so at the time of signing contracts.
- Hence, they are called unascertained goods.
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