Which of the following contracts is an example of future goods?

Question

Quizplus · Accepted Answer

Future goods refer to goods that are not currently in existence or not available for delivery at the time of contracting. Preordering a video game counts as a contract for future goods as it is not available for delivery at the time of contracting but will become available at a future date. Option contracts (A) involve the right to purchase an asset in the future, but the asset exists in the present. Contracts to buy a car off a dealer's lot (B) involve current goods that are available for delivery. Contracts to sell a newborn animal (D) would also involve current goods, although the animal is not yet born at the time of contracting, it will exist in the future.

Which of the Following Contracts Is an Example of Future