(1) In this chapter unless the context otherwise requires:
(a) "Buyer" means a person who buys or contracts to buy goods.
(b) [Reserved.]
(c) "Receipt" of goods means taking physical possession of them.
(d) "Seller" means a person who sells or contracts to sell goods.
(2) Other definitions applying to this chapter or to specified parts thereof, and the sections in which they appear are:
"Acceptance". Section 4-2-606.
"Banker's credit". Section 4-2-325.
"Between merchants". Section 4-2-104.
"Cancellation". Section 4-2-106(4).
"Commercial unit". Section 4-2-105.
"Confirmed credit". Section 4-2-325.
"Conforming to contract". Section 4-2-106.
"Contract for sale". Section 4-2-106.
"Cover". Section 4-2-712.
"Entrusting". Section 4-2-403.
"Financing agency". Section 4-2-104.
"Future goods". Section 4-2-105.
"Goods". Section 4-2-105.
"Identification". Section 4-2-501.
"Installment contract". Section 4-2-612.
"Letter of credit". Section 4-2-325.
"Lot". Section 4-2-105.
"Merchant". Section 4-2-104.
"Overseas". Section 4-2-323.
"Person in position of seller". Section 4-2-707.
"Present sale". Section 4-2-106.
"Sale". Section 4-2-106.
"Sale on approval". Section 4-2-326.
"Sale or return". Section 4-2-326.
"Termination". Section 4-2-106.
(3) "Control" as provided in ยง 4-7-106 and the following definitions in other chapters apply to this chapter:
"Check". Section 4-3-104.
"Consignee". Section 4-7-102.
"Consignor". Section 4-7-102.
"Consumer goods". Section 4-9-102.
"Dishonor". Section 4-3-502.
"Draft". Section 4-3-104.
(4) In addition, chapter 1 of this title contains general definitions and principles of construction and interpretation applicable throughout this chapter.
Section: Previous 4-2-102 4-2-103 4-2-104 4-2-105 4-2-106 4-2-107 NextLast modified: November 15, 2016