Section 6
Existing or future goods
ActIn forceProvision 6 of 63
Section 6
(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.