'Goods' is defined as per Section 2 (7) of the 'Act' as. “Every kind of movable property other than actionable claims and money; and includes stock and shares, growing crops, grass, and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale.

Goods as defined under the Sale of Goods Act, 1930, means every kind of movable property other than actionable claims and money. Let's understand the different types of goods in detail.

Types of Goods:

1. Existing goods: These are the goods that are owned or possessed by the seller and are present at the time of the contract.

2. Future goods: These are the goods that are not in existence at the time of the contract but are promised to be delivered in the future.

3. Contingent goods: These are the goods whose existence is uncertain, and it depends on a condition that may or may not happen.

4. Specific goods: These are the goods that are identified and agreed upon by both the buyer and the seller.

5. Ascertained goods: These are the goods that are identified and agreed upon by both the buyer and the seller, and their quantity and quality are also determined.

6. Unascertained goods: These are the goods that are not identified or agreed upon by both the buyer and the seller.

7. Goods on sale or return: These are the goods that are delivered to the buyer, but the ownership remains with the seller until the buyer accepts them.

8. Goods on approval: These are the goods that are delivered to the buyer for inspection, and the ownership remains with the seller until the buyer approves them.

9. Fungible goods: These are the goods that are replaceable by another identical item, like grains, oil, etc.

10. Generic goods: These are the goods that are identified only by their class or kind, like sugar, wheat, etc.

11. Actionable claims: These are the claims that a person has against another for the payment of a debt or the performance of an obligation.

12. Currency money: These are the notes and coins issued by the government and are used as a medium of exchange.

13. Goodwill: This is the reputation or value that a business possesses due to its customer base, brand name, etc.

14. Copyright: This is the exclusive right given to a creator of artistic, literary, musical, or other creative works to reproduce, distribute, and sell their work.

Conclusion:

Thus, goods include all kinds of movable property, including actionable claims and currency money, goodwill, and copyright. It is essential to understand the different types of goods to determine their ownership, quantity, and quality, and their delivery and payment terms.

C) goodwill and copyright