Goods That Are Not Yet in Existence or Are Not

question 45

Multiple Choice

Goods that are not yet in existence or are not yet owned by the seller are__________ goods.

• A) fungible
• B) nonexistent
• C) future
• D) contingent

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Definitions:

Christianity

A monotheistic religion based on the life and teachings of Jesus Christ, emphasizing love, forgiveness, and redemption.

Islam

A monotheistic religion founded in the 7th century, based on the teachings of Prophet Muhammad and the holy book, the Quran.

Hinduism

A major religious and cultural tradition of South Asia, developed from Vedic religion.

Buddhism

A spiritual tradition and religion based on the teachings of Buddha, focusing on personal spiritual development and the attainment of a deep insight into the nature of life.