(1) In this chapter unless the context otherwise requires:
(a) “Buyer” means a person that 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” 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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