- (1) In this chapter unless the context otherwise requires:
- (a) "Buyer" means a person who 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." § 57A-2-606. "Banker's credit." § 57A-2-325. "Between merchants." § 57A-2-104. "Cancellation." § 57A-2-106(4). "Commercial unit." § 57A-2-105. "Confirmed credit." § 57A-2-325. "Conforming to contract." § 57A-2-106. "Contract for sale." § 57A-2-106. "Cover." § 57A-2-712. "Entrusting." § 57A-2-403. "Financing agency." § 57A-2-104. "Future goods." § 57A-2-105. "Goods." § 57A-2-105. "Identification." § 57A-2-501. "Installment contract." § 57A-2-612. "Letter of credit." § 57A-2-325. "Lot." § 57A-2-105. "Merchant." § 57A-2-104. "Overseas." § 57A-2-323. "Person in position of seller." § 57A-2-707. "Present sale." § 57A-2-106. "Sale." § 57A-2-106. "Sale on approval." § 57A-2-326. "Sale or return." § 57A-2-326. "Termination." § 57A-2-106.
- (3) The following definitions in other chapters apply to this chapter: "Check." § 57A-3-104. "Consignee." § 57A-7-102. "Consignor." § 57A-7-102. "Consumer goods." § 57A-9-102. "Control." § 57A-7-106. "Dishonor." § 57A-3-502. "Draft." § 57A-3-104.
- (4) In addition chapter 57A-1 contains general definitions and principles of construction and interpretation applicable throughout this chapter.
Source: SL 1966, ch 150 , § 2-103; SDCL §§ 57-2-3 to 57-2-6; SL 2000, ch 231 , § 3; SL 2008, ch 259 , § 25; SL 2009, ch 254 , § 806.