Definition of GODDS

How do we classify goods?

Goods is any kind of movable property in which  it is agreed or agree to transfer from seller to buyer.















Good can be included, if:

1. Growing crops or grass - for instances, plants, vegetable, fruits of the land which is grown for selling purpose.

2. Stock & Shares - It is invisible, but it is exclusively counted as a good. It can be transferred

3. Items attached to land,yet severable to land - doors, plants, vegetables & etc.




Good can excluded, if:
1. Actionable claims-a claim to any debt or to any beneficial in movable property not in possession of a claimant.


2.Money - items which is used as generally accepted payment of goods and services and repayment of liabilities.


3. Land -  the part of earth which is not covered by water.