As used in this part, unless the context requires otherwise, the following definitions apply:
- (1) "Agreement" means any writing that is substantially prepared in advance of a consumer transaction and which a seller, lessor, or lender furnishes to a consumer for the consumer to sign in connection with that transaction.
- (2) "Consumer" means an individual who borrows money or leases or obtains property or services under a written agreement.
- (3) "Consumer contract" means an agreement for the sale, lease, or loan of money, property, or services primarily for personal, family, or household purposes.
- (4) "Seller, lessor, or lender" means a person who regularly sells, lets, or lends in connection with consumer contracts.
History: En. Sec. 2, Ch. 615, L. 1985.