Definitions and index of definitions

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  1. In this chapter unless the context otherwise requires:
    1. "Buyer" means a person that buys or contracts to buy goods.
    2. [Reserved]
    3. "Receipt" of goods means taking physical possession of them.
    4. "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 75-2-606

    "Banker's credit" Section 75-2-325

    "Between merchants" Section 75-2-104

    "Cancellation" Section 75-2-106(4)

    "Commercial unit" Section 75-2-105

    "Confirmed credit" Section 75-2-325

    "Conforming to contract" Section 75-2-106

    "Contract for sale" Section 75-2-106

    "Cover" Section 75-2-712

    "Entrusting" Section 75-2-403

    "Financing agency" Section 75-2-104

    "Future goods" Section 75-2-105

    "Goods" Section 75-2-105

    "Identification" Section 75-2-501

    "Installment contract" Section 75-2-612

    "Letter of Credit" Section 75-2-325

    "Lot" Section 75-2-105

    "Merchant" Section 75-2-104

    "Overseas" Section 75-2-323

    "Person in position of seller" Section 75-2-707

    "Present sale" Section 75-2-106

    "Sale" Section 75-2-106

    "Sale on approval" Section 75-2-326

    "Sale or return" Section 75-2-326

  3. The following definitions in other chapters apply to this chapter:

    "Check" Section 75-3-104

    "Consignee" Section 75-7-102

    "Consignor" Section 75-7-102

    "Consumer goods" Section 75-9-102

    "Control" Section 75-7-106

    "Dishonor" Section 75-3-502

    "Draft" Section 75-3-104

  4. In addition Chapter 1 contains general definitions and principles of construction and interpretation applicable throughout this chapter.


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