What two characteristics must goods have in order for ownership of them to be transferred?

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1026335

2026-05-03 13:15

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For ownership of goods to be transferred, they must be identifiable and deliverable. Identifiability ensures that the specific goods are clearly defined and distinguishable from others, while deliverability allows for the physical transfer of possession from one party to another. These characteristics facilitate a clear and enforceable exchange of ownership rights.

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