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contingent goods?
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Answer / sinisetty
The acquisition of goods by the seller depends upon un
certain event in the future are called contingent goods.
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| 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 |
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Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
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