Define: Future Goods
Future Goods means goods to be created or obtained by the seller after a sales contract is formed.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Future Goods means goods to be created or obtained by the seller after a sales contract is formed.
Relevant Circumstances
- New production line establishment
- Goods not yet in stock or production
- Contractual agreement with a producer or manufacturer