VICIn ForceAct
Goods Act 1958
10Existing or future goods
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10 Existing or future goods
(1) The goods which form the subject of a contract of sale may be either existing goods owned or possessed by the seller or future goods.
(2) There may be a contract for the sale of goods the acquisition of which by the seller depends upon a contingency which may or may not happen.
(3) Where by a contract of sale the seller purports to effect a present sale of future goods the contract operates as an agreement to sell the goods.
No. 3694 s. 11.