For a Contract for the Sale of Goods to Be

question 23

Multiple Choice

For a contract for the sale of goods to be considered a present sale, the

• A) goods must be considered future goods.
• B) goods must be physically in existence and identifiable.
• C) goods must be specially ordered.
• D) sale must take place at the merchant's place of business.

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Definitions:

Transformation

A thorough or dramatic change in form or appearance.

Isobutylbenzene

An organic compound made up of a benzene ring attached to an isobutyl group, used in the manufacture of other chemicals.

Benzene

A carcinogenic aromatic hydrocarbon with a ring of six carbon atoms, used as a starting material in the manufacture of many chemicals.

Organic Product

A molecule or compound produced from organic precursors, often through reactions involving carbon-based molecules.