| A | B |
|---|
| auction | public sale to the highest bidder |
| bulk transfer | transfer, generally by sale, of all or a major part of the goods of a business in one unit at a time |
| CIF | "cost,insurance,freight" price |
| COD | collect on delivery |
| credit sale | sale that, by agreement of the parties, calls for payment for the goods at a later date |
| existing goods | physically existing goods owned by the seller |
| FOB | shipping term meaning "free on board" |
| fungible goods | goods of an essentially identical nature |
| future goods | goods that are both not existing and identified |
| good faith purchaser | innocent third party to fraudulent transfer of goods who gives value to the goods and aquires rights in them |
| identified goods | designated subject matter of a particular sales contract |
| sale on approval | goods are delivered to the buyer in an "on trial" or "on satisfaction" basis |
| sale or return | completed sale in which the buyer has teh option of returning the goods |
| sale of an undivided interest | sale involving a person who sales a fractional interest in a single good or in a number of goods that are to remain together |
| tender of delivery | to place the goods at the buyers disposal or to give notice to the buyer that delivery can be received |
