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Part II Ambit of Sales Law, 7 The Concept of Goods

From: Global Sales and Contract Law (2nd Edition)

Ingeborg Schwenzer, Edgardo Muñoz

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 02 June 2023

Contract — Bulk goods — Definition of goods — Intangibles as goods — Tangible goods

This chapter explores the concept of goods. Goods are generally referred to as the object of a sales contract. The majority of civil law jurisdictions do not restrict the definition of goods to tangible goods from the onset. Res extra commercium is declared when the notion of goods is outside the matters of commerce. Additionally, The Sales of Goods Acts and CISG do not include money from its statutory definition of goods. The chapter then discusses the examples and specificities of tangible goods and intangible goods. The modern issue of all jurisdictions concerns software, stocks, and shares.

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