Definitions and Index of Definitions

(1)In this division 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 division or to specified chapters thereof, and the sections in which they appear are: Acceptance. Section 2606. Banker's credit. Section 2325. Between merchants. Section § 2104. Cancellation. Section § 2106(4). Commercial unit. Section § 2105. Confirmed credit. Section 2325. Conforming to contract. Section § 2106. Contract for sale. Section § 2106. Cover. Section 2712. Entrusting. Section 2403. Financing agency. Section § 2104. Future goods. Section § 2105. Goods. Section § 2105. Identification. Section 2501. Installment contract. Section 2612. Letter of Credit. Section 2325. Lot. Section § 2105. COL120106 DIV. 2 SALES Merchant. Section § 2104. Overseas. Section 2323. Person in position of seller. Section 2707. Present sale. Section § 2106. Sale. Section § 2106. Sale on approval. Section 2326. Sale or return. Section 2326. Termination. Section § 2106.

(3)The following definitions in other divisions apply to this division: Check. Section 3104. Consignee. Section 7102. Consignor. Section 7102. Consumer goods. Section 9109. Dishonor. Section 3507. Draft. Section 3104.

(4)In addition Division 1 contains general definitions and principles of construction and interpretation applicable throughout this division.