§15-652. Definitions.
158 words·~1 min read·
/ok/title-15-contracts/15-652A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The following words, terms and phrases shall, except where the context clearly indicates a different meaning have, when used in this act, the following meanings:
(a)"Person" - Any individual, firm, partnership, corporation, or other organization;
(b)"Employer" - Any person for whom, under whose direction, or in whose interest others perform labor or service;
(c)"Sale or sell" - Any sale, contract of sale, offer of sale, or advertisement thereof;
(d)"Wholesale sale" - A wholesale sale is a sale for the purpose of resale in the ordinary course of business;
(e)"Retail sale" - Any sale other than a wholesale sale as herein defined;
(f)"Wholesaler" - A person, a substantial portion of whose sales are made to retailers for the purpose of resale to consumers;
(g)"Wholesale price" - The price normally paid by a retailer to a wholesaler for the purpose of resale to consumers at a profit. Laws 1957, p. 86, § 2.