Goods

law

  • Merchandise, supplies, raw materials, and completed products.
  • All things that are movable and are designated as sold to a particular buyer.
  • Durable goods are ones that last a relatively long time and that are not dissipated or depleted when used generally, such as machinery and tools.
  • Consumer goods are ones that are purchased primarily for the buyer’s personal, family, or household use.
  • Hard goods are consumer durable goods, such as appliances.
  • Soft goods are consumer goods that are not durable, such as clothing.
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