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Fungibles

Law Fundamental analysisGabelle

FUNGIBLES
Goods which are comprised of many identical parts such as a bushel of grain or a barrel of apples or oil, and which can be easily replaced by other, identical goods.

 


Expanded Legal Definition of Force MajeureFungibles Standard commercial moveable things that are sold by measure, number or weight.
Expanded Legal Definition of FungiblesFurtum Latin: theft or a thing stolen..

Fungible Things: Sometimes merely called "fungibles," goods which are interchangeable, often sold or delivered in bulk, since any one of them is as good as another. Grain or gravel are fungibles, as are securities which are identical.

See also: Right, Term, Law, Fraud, Court

Law Fundamental analysisGabelle

 
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