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Commercial Law

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Question:

What are unascertained and ascertained goods?

Author: Kuba Pastula



Answer:

Unascertained goods are any goods not identified or agreed upon at the time the contract of sale is made. This is due to the buyer going off description, rather than a specific good. For goods to be ascertained, they must be ascertained in the process when someone possesses your goods.


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