|
|
Court OpinionsState LawsUS CodeUS Constitution |
Definitions and index of definitions - 13 Pa. Cons. Stat. § 2103Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 2103. Definitions and index of definitions.
(a) Definitions.--The following words and phrases when used
in this division shall have, unless the context clearly
indicates otherwise, the meanings given to them in this
subsection:
"Buyer." A person who buys or contracts to buy goods.
"Good faith." In the case of a merchant, good faith means
honesty in fact and the observance of reasonable commercial
standards of fair dealing in the trade.
"Receipt." Receipt of goods means taking physical possession
of them.
"Seller." A person who sells or contracts to sell goods.
(b) Index of other definitions in division.--Other
definitions applying to this division or to specified chapters
thereof, and the sections in which they appear are:
"Acceptance." Section 2606.
"Banker's credit." Section 2325.
"Between merchants." Section 2104.
"Cancellation." Section 2106(d).
"Commercial unit." Section 2105.
"Confirmed credit." Section 2325.
"Conforming to contract." Section 2106.
"Contract for sale." Section 2106.
"Cover." Section 2712.
"Entrusting." Section 2403.
"Financing agency." Section 2104.
"Future goods." Section 2105.
"Goods." Section 2105.
"Identification." Section 2501.
"Installment contract." Section 2612.
"Letter of credit." Section 2325.
"Lot." Section 2105.
"Merchant." Section 2104.
"Overseas." Section 2323.
"Person in position of seller." Section 2707.
"Present sale." Section 2106.
"Sale." Section 2106.
"Sale on approval." Section 2326.
"Sale or return." Section 2326.
"Termination." Section 2106.
(c) Index of definitions in other divisions.--The following
definitions in other divisions apply to this division:
"Check." Section 3104.
"Consignee." Section 7102.
"Consignor." Section 7102.
"Consumer goods." Section 9102.
"Dishonor." Section 3502.
"Draft." Section 3104.
(d) Applicability of general definitions and principles.--In
addition, Division 1 (relating to general provisions) contains
general definitions and principles of construction and
interpretation applicable throughout this division.
(July 9, 1992, P.L.507, No.97, eff. one year; June 8, 2001,
P.L.123, No.18, eff. July 1, 2001)
2001 Amendment. Act 18 amended subsec. (c).
Cross References. Section 2103 is referred to in sections
2A103, 7102 of this title.
Section: Previous 1205 1206 1207 1208 1209 2101 2102 2103 2104 2105 2106 2107 2201 2202 2203 Next
Last modified: November 27, 2007 |