Code of Virginia § 8.2-103. Definitions and index of definitions.
252 words·~1 min read·
/va/title-8-2/chapter-1/8-2-103A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)In this title unless the context otherwise requires:
(a)"Buyer" means a person who buys or contracts to buy goods.
(b)"Good faith" in the case of a merchant means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.
(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 title or to specified parts thereof, and the sections in which they appear are:
"Acceptance."§ 8.2-606 .
"Banker's credit."§ 8.2-325 .
"Between merchants."§ 8.2-104 .
"Cancellation."§ 8.2-106 (4).
"Commercial unit."§ 8.2-105 .
"Confirmed credit."§ 8.2-325 .
"Conforming to contract."§ 8.2-106 .
"Contract for sale."§ 8.2-106 .
"Cover."§ 8.2-712 .
"Entrusting."§ 8.2-403 .
"Financing agency."§ 8.2-104 .
"Future goods."§ 8.2-105 .
"Goods."§ 8.2-105 .
"Identification."§ 8.2-501 .
"Installment contract."§ 8.2-612 .
"Letter of credit."§ 8.2-325 .
"Lot."§ 8.2-105 .
"Merchant."§ 8.2-104 .
"Overseas."§ 8.2-323 .
"Person in position of seller."§ 8.2-707 .
"Present sale."§ 8.2-106 .
"Sale."§ 8.2-106 .
"Sale on approval."§ 8.2-326 .
"Sale or return."§ 8.2-326 .
"Termination."§ 8.2-106 .
(3)The following definitions in other titles apply to this title:
"Check."§ 8.3A-104 .
"Consignee."§ 8.7-102 .
"Consignor."§ 8.7-102 .
"Consumer goods."§ 8.9A-102 .
"Control."§ 8.7-106 .
"Dishonor."§ 8.3A-502 .
"Draft."§ 8.3A-104 .
(4)In addition Title 8.1A contains general definitions and principles of construction and interpretation applicable throughout this title.
1964, c. 219; 2000, c. 1007 ; 2003, c. 353 ; 2004, c. 200 .