Section 2--103. Definitions and Index of Definitions.
- (1) In this Article 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 Article or to specified Parts thereof, and the sections in which they appear are: "Acceptance". Section 2--606. "Banker's credit". Section 2--325. "Between merchants". Section 2--104. "Cancellation". Section 2--106 (4). "Commercial unit". Section 2--105. "Confirmed credit". Section 2--325. "Conforming to contract". Section 2--106. "Contract for sale". Section 2--106. "Cover". Section 2--712. "Entrusting". Section 2--403. "Financing agency". Section 2--104. "Future goods". Section 2--105. "Goods". Section 2--105. "Identification". Section 2--501. "Installment contract". Section 2--612. "Letter of Credit". Section 2--325. "Lot". Section 2--105. "Merchant". Section 2--104. "Overseas". Section 2--323. "Person in position of seller". Section 2--707. "Present sale". Section 2--106. "Sale". Section 2--106. "Sale on approval". Section 2--326. "Sale or return". Section 2--326. "Termination". Section 2--106.
- (3) The following definitions in other Articles apply to this Article: "Check". Section 3--104. "Consignee". Section 7--102. "Consignor". Section 7--102. "Consumer goods". Section 9--102. "Control". Section 7--106. "Dishonor". Section 3--507. "Draft". Section 3--104.
- (4) In addition Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.