Law query...
Shubham kumar (.) (620 Points)
01 December 2012
Please explain me what are,"unascertained" goods & "Ascertained" goods.. .. .. in easy terms. thanx.
1 Replies
Sanket
(!..Live to Give..!)
(16427 Points)
Replied 01 December 2012
Unascertained” or “Generic” goods : Means goods defined only by descripttion and not identified and agreed upon.
Ascertained good : Means goods identified in accordance with the agreement after the contract of sale has been made.
Hope you got it....
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