contingent goods?

Answers were Sorted based on User's Feedback



contingent goods?..

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

contingent goods?..

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

contingent goods?..

Answer / venkat ki maa

Loda goods

Is This Answer Correct ?    4 Yes 0 No

contingent goods?..

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

contingent goods?..

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

contingent goods?..

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

Post New Answer

More Accounting General Interview Questions

How to determine the market value of a company and what factors are relevant to determine if the company is a viable investment in the long term?

1 Answers  


The purpose of accommodation bill is_______ (a) To finance actual purchase or sale of goods (b) To facilitate trade transmission (c) When both parties are in need of funds (d) None of the above

1 Answers   Infosys,


What is meant by Ratio analysis

2 Answers  


What is investment banking?

1 Answers  


what is equity shares?

2 Answers   Genpact,






How would the business ensure that he could not use the business cheque to pay for printing work he ordered for personal use?

1 Answers  


Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

0 Answers  


ambar became insolvent a dividend of 50 paise in rupee is received required journal entry for this transaction

1 Answers  


Explain what is balance sheet?

0 Answers  


what is the use preparing balance sheet

5 Answers   Nestle,


What is BRS? Why BRS?

1 Answers  


How do you calculate Profit earned per share?

7 Answers  


Categories