Sale of Goods Act 1979 · 2020 Revised Edition · Part 2 · Formation of the Contract
5. Existing or future goods
Feedback & supportThe goods which form the subject of a contract of sale may be existing goods, owned or possessed by the seller, or goods to be manufactured or acquired by him after the making of the contract of sale, in this Act called future goods.
goods
“goods” includes all personal chattels other than things in action and money; and in particular “goods” includes emblements, industrial growing crops, and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale and includes an undivided share in goods;
There may be a contract for the sale of goods the acquisition of which by the seller depends on a contingency which may or may not happen.
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.
contract of sale
“contract of sale” includes an agreement to sell as well as a sale;