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Legal Definitions - consumer goods

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Definition of consumer goods

Consumer goods are items primarily bought and used by individuals or households for personal, family, or household purposes. This distinguishes them from goods purchased for business operations, commercial use, or resale.

  • Example 1: A person purchases a new laptop to use for browsing the internet, managing personal finances, and staying in touch with family.

    Explanation: The laptop is acquired for the buyer's personal use and enjoyment within their household, rather than for a business or professional enterprise. Therefore, it is classified as a consumer good.

  • Example 2: A family buys a set of patio furniture for their backyard deck.

    Explanation: The furniture is intended for the family's personal relaxation and entertainment at home. It is not being purchased for a commercial restaurant or a furniture rental business, making it a consumer good.

  • Example 3: An individual purchases a new pair of running shoes for their daily exercise routine.

    Explanation: The running shoes are bought for the buyer's personal fitness and recreational activity. They are not intended for resale in a store or for outfitting employees in a commercial setting, thus qualifying as consumer goods.

Simple Definition

Consumer goods are tangible items primarily purchased, used, or leased by individuals for personal, family, or household purposes. This classification distinguishes them from goods acquired for business, commercial, or agricultural use.

Ethics is knowing the difference between what you have a right to do and what is right to do.

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