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District of Columbia Code Division V. Local Business Affairs § 28:2-103. Definitions and index of definitions.

Current as of January 01, 2024 | Updated by Findlaw Staff

(1) In this article unless the context otherwise requires:

(a) “Buyer” means a person who buys or contracts to buy goods.

(b) Repealed.

(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 28:2-606.

“Banker's credit”.Section 28:2-325.

“Between merchants”.Section 28:2-104.

“Cancellation”. Section 28:2-106(4).

“Commercial unit”.Section 28:2-105.

“Confirmed credit”.Section 28:2-325.

“Conforming to contract”.Section 28:2-106.

“Contract for sale”.Section 28:2-106.

“Cover”. Section 28:2-712.

“Entrusting”. Section 28:2-403.

“Financing agency”.Section 28:2-104.

“Future goods”.Section 28:2-105.

“Goods”. Section 28:2-105.

“Identification”. Section 28:2-501.

“Installment contract”.Section 28:2-612.

“Letter of Credit”.Section 28:2-325.

“Lot”. Section 28:2-105.

“Merchant”. Section 28:2-104.

“Overseas”. Section 28:2-323.

“Person in position of seller”.Section 28:2-707.

“Present sale”.Section 28:2-106.

“Sale”. Section 28:2-106.

“Sale on approval”.Section 28:2-326.

“Sale or return”.Section 28:2-326.

“Termination”. Section 28:2-106.

(3) Control as provided in § 28:7-106 and the following definitions in other articles apply to this article:

“Check”. Section 28:3-104.

“Consignee”. Section 28:7-102.

“Consignor”. Section 28:7-102.

“Consumer goods”.Section 28:9-102.

“Dishonor”. Section 28:3-502.

“Draft”. Section 28:3-104.

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

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Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 28:2-103. Definitions and index of definitions. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-28-2-103/

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