The term for goods that do not exist at the time of sale, such as crops and unborn livestock, is:
A) expected goods.
B) nonexistent goods.
C) future goods.
D) intangible goods.

Question

Quizplus · Accepted Answer

Future goods are items that do not currently exist but are expected to be produced, such as crops or unborn livestock. These goods are typically sold or contracted prior to their production or delivery.

The Term for Goods That Do Not Exist at the Time