57A-2-103. Definitions and index of definitions.
244 words·~1 min read·
/sd/title-57/chapter-57-2/57a-2-103A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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." § 57A-2-606 .
"Banker's credit." § 57A-2-325 .
"Between merchants." § 57A-2-104 .
"Cancellation." § 57A-2-106(4).
"Commercial unit." § 57A-2-105 .
"Confirmed credit." § 57A-2-325 .
"Conforming to contract." § 57A-2-106 .
"Contract for sale." § 57A-2-106 .
"Cover." § 57A-2-712 .
"Entrusting." § 57A-2-403 .
"Financing agency." § 57A-2-104 .
"Future goods." § 57A-2-105 .
"Goods." § 57A-2-105 .
"Identification." § 57A-2-501 .
"Installment contract." § 57A-2-612 .
"Letter of credit." § 57A-2-325 .
"Lot." § 57A-2-105 .
"Merchant." § 57A-2-104 .
"Overseas." § 57A-2-323 .
"Person in position of seller." § 57A-2-707 .
"Present sale." § 57A-2-106 .
"Sale." § 57A-2-106 .
"Sale on approval." § 57A-2-326 .
"Sale or return." § 57A-2-326 .
"Termination." § 57A-2-106 .
(3)The following definitions in other chapters apply to this chapter:
"Check." § 57A-3-104 .
"Consignee." § 57A-7-102 .
"Consignor." § 57A-7-102 .
"Consumer goods." § 57A-9-102 .
"Control." § 57A-7-106 .
"Dishonor." § 57A-3-502 .
"Draft." § 57A-3-104 .
(4)In addition chapter 57A-1 contains general definitions and principles of construction and interpretation applicable throughout this chapter.