contingent goods?
Answers were Sorted based on User's Feedback
Answer / sinisetty
The acquisition of goods by the seller depends upon un
certain event in the future are called contingent goods.
venkat
9603282777
| Is This Answer Correct ? | 34 Yes | 7 No |
Answer / john mwangi
goods whereby their acquisition by the seller, for onward
transfer of the property in them to the buyer for pecuniary
consideration on the part of the buyer, depends upon an
uncertain condition or an unpredictable circumstance in the
future are known as contingent goods. They are types of
future goods.Such a contract can only be an agreement to
sell and never can it be a sale.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / kiran
THE ACQUISITION OF GOODS OR COMMODITIES FROM THE SELLER IT
MAY BE CONTINGENT IN FUTURE WEATHER IT IS GOOD CONDITION OR
NOT ( IT MAY BY HAPPENS OR NOT) SURE, UNCERTAINTY IN FUTURE
OUTCOMES.
| Is This Answer Correct ? | 8 Yes | 7 No |
Answer / grip
Goods, the acquisition of which by the seller depends upon an uncertain contingent are called contingent goods
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / annanya
These are d goods which can be acquired provided contingency (happening or non-happening) is fulfilled
| Is This Answer Correct ? | 0 Yes | 0 No |
what is accrued expense
what is the definition of derivative, what is a security?
How to File CST & VAT?
how will be the entry of outstanding salaries in receipt & payment account, income & expenditure & balance sheet
What is mutual fund what is derivatives what is capital market what is TDS.breifly
hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?
what will be the entry of income tax paid in partnership firm.
Please let me have the detailed answer about journal entry in tally and difference between sales and journal entry.
what is meant by debit and credit
what is the minimum & maximum amount paid by company per day
The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty
what is Debtors & Creditors management