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LSDefine

Simple English definitions for legal terms

consumer goods

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A quick definition of consumer goods:

Consumer goods are things that people buy and use for themselves or their families, like clothes, food, and toys. They are not meant to be sold again or used to make other things. Some consumer goods, like cars and computers, are meant to last a long time and be used over and over again. Other consumer goods, like food and drinks, are meant to be used up quickly.

A more thorough explanation:

Definition: Consumer goods are products that are bought and used for personal, family, or household purposes, and not for resale or for producing other goods.

Examples of consumer goods include:

  • Clothing
  • Food and beverages
  • Electronics
  • Furniture
  • Personal care products

These examples illustrate how consumer goods are items that people buy and use in their everyday lives. They are not intended for businesses to resell or use in their own production processes.

consumer finance company | consumer-goods transaction

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