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Georgia Code Title 11. Commercial Code § 11-2-103

Current as of March 28, 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) 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 article or to specified parts thereof, and the Code sections in which they appear are:

“Acceptance.” Code Section 11-2-606.

“Banker's credit.” Code Section 11-2-325.

“Between merchants.” Code Section 11-2-104.

“Cancellation.” Code Section 11-2-106(4).

“Commercial unit.” Code Section 11-2-105.

“Confirmed credit.” Code Section 11-2-325.

“Conforming to contract.” Code Section 11-2-106.

“Contract for sale.” Code Section 11-2-106.

“Cover.” Code Section 11-2-712.

“Entrusting.” Code Section 11-2-403.

“Financing agency.” Code Section 11-2-104.

“Future goods.” Code Section 11-2-105.

“Goods.” Code Section 11-2-105.

“Identification.” Code Section 11-2-501.

“Installment contract.” Code Section 11-2-612.

“Letter of credit.” Code Section 11-2-325.

“Lot.” Code Section 11-2-105.

“Merchant.” Code Section 11-2-104.

“Overseas.” Code Section 11-2-323.

“Person in position of seller.” Code Section 11-2-707.

“Present sale.” Code Section 11-2-106.

“Sale.” Code Section 11-2-106.

“Sale on approval.” Code Section 11-2-326.

“Sale or return.” Code Section 11-2-326.

“Termination.” Code Section 11-2-106.

(3) “Control” as provided in Code Section 11-7-106 and the following definitions in other articles of this title apply to this article:

“Check.” Code Section 11-3-104.

“Consignee.” Code Section 11-7-102.

“Consignor.” Code Section 11-7-102.

“Consumer goods.” Code Section 11-9-102.

“Dishonor.” Code Section 11-3-502.

“Draft.” Code Section 11-3-104.

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

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Cite this article: FindLaw.com - Georgia Code Title 11. Commercial Code § 11-2-103 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-11-commercial-code/ga-code-sect-11-2-103/

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