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Current as of January 01, 2025 | 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 sections in which they appear are:
“Acceptance,”section 336.2-606.
“Banker's credit,”section 336.2-325.
“Between merchants,”section 336.2-104.
“Cancellation,”section 336.2-106(4).
“Commercial unit,”section 336.2-105.
“Confirmed credit,”section 336.2-325.
“Conforming to contract,”section 336.2-106.
“Contract for sale,”section 336.2-106.
“Cover,”section 336.2-712.
“Entrusting,”section 336.2-403.
“Financing agency,”section 336.2-104.
“Future goods,”section 336.2-105.
“Goods,”section 336.2-105.
“Identification,”section 336.2-501.
“Installment contract,”section 336.2-612.
“Letter of credit,”section 336.2-325.
“Lot,”section 336.2-105.
“Merchant,”section 336.2-104.
“Overseas,”section 336.2-323.
“Person in position of seller,”section 336.2-707.
“Present sale,”section 336.2-106.
“Sale,”section 336.2-106.
“Sale on approval,”section 336.2-326.
“Sale or return,”section 336.2-326.
“Termination,”section 336.2-106.
(3) “Control” as provided insection 336.7-106and the following definitions in other articles apply to this article:
“Check,”section 336.3-104.
“Consignee,”section 336.7-102.
“Consignor,”section 336.7-102.
“Consumer goods,”section 336.9-102.
“Dishonor,”section 336.3-502.
“Draft,”section 336.3-104.
(4) In addition article 1 contains general definitions and principles of construction and interpretation applicable throughout this article.
Cite this article: FindLaw.com - Minnesota Statutes Trade Regulations, Consumer Protection (Ch. 324-341) § 336.2-103. Definitions and index of definitions - last updated January 01, 2025 | https://codes.findlaw.com/mn/trade-regulations-consumer-protection-ch-324-341/mn-st-sect-336-2-103/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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