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Florida Statute 672.103 - Full Text and Legal Analysis
Florida Statute 672.103 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
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The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 672
UNIFORM COMMERCIAL CODE: SALES
View Entire Chapter
672.103 Definitions and index of definitions.—
(1) In this chapter 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 chapter, or to specified parts thereof, and the sections in which they appear are:

“Acceptance,” s. 672.606.

“Banker’s credit,” s. 672.325.

“Between merchants,” s. 672.104.

“Cancellation,” s. 672.106(4).

“Commercial unit,” s. 672.105.

“Confirmed credit,” s. 672.325.

“Conforming to contract,” s. 672.106.

“Contract for sale,” s. 672.106.

“Cover,” s. 672.712.

“Entrusting,” s. 672.403.

“Financing agency,” s. 672.104.

“Future goods,” s. 672.105.

“Goods,” s. 672.105.

“Identification,” s. 672.501.

“Installment contract,” s. 672.612.

“Letter of credit,” s. 672.325.

“Lot,” s. 672.105.

“Merchant,” s. 672.104.

“Overseas,” s. 672.323.

“Person in position of seller,” s. 672.707.

“Present sale,” s. 672.106.

“Sale,” s. 672.106.

“Sale on approval,” s. 672.326.

“Sale or return,” s. 672.326.

“Termination,” s. 672.106.

(3) The following definitions in other chapters apply to this chapter:

“Check,” s. 673.1041.

“Consignee,” s. 677.102.

“Consignor,” s. 677.102.

“Consumer goods,” s. 679.1021.

“Control,” s. 677.106.

“Dishonor,” s. 673.5021.

“Draft,” s. 673.1041.

(4) In addition chapter 671 contains general definitions and principles of construction and interpretation applicable throughout this chapter.
History.—s. 1, ch. 65-254; s. 5, ch. 92-82; s. 11, ch. 2001-198; s. 5, ch. 2010-131; s. 152, ch. 2025-92.
Note.—s. 2-103, U.C.C.

F.S. 672.103 on Google Scholar

F.S. 672.103 on CourtListener

Amendments to 672.103


Annotations, Discussions, Cases:

Cases Citing Statute 672.103

Total Results: 6  |  Sort by: Relevance  |  Newest First

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RA Jones & Sons, Inc. v. Holman, 470 So. 2d 60 (Fla. 3d DCA 1985).

Cited 27 times | Published | Florida 3rd District Court of Appeal | 10 Fla. L. Weekly 1384

...[6] See Smith v. Burdines, Inc., 144 Fla. 500, 198 So. 223 (1940); Perry v. Luby Chevrolet, Inc., 446 So.2d 1150 (Fla. 3d DCA 1984). Clearly, H & M, as the seller of the engines to Jones and the distributor of Ford industrial engines, is both a "seller," see § 672.103(d), Fla....
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Sellers v. Frank Griffin AMC Jeep, Inc., 526 So. 2d 147 (Fla. 1st DCA 1988).

Cited 21 times | Published | Florida 1st District Court of Appeal | 1988 WL 50148

...e is no present or anticipated transfer of title from the supplier to *149 the consumer because title had to pass for a sale to have occurred. The appealed order states that plaintiffs neither bought nor contracted to buy goods within the meaning of section 672.103, Florida Statutes (1983), and that section 672.608, Florida Statutes (1983), is "inapplicable to a pure lease contract where the lessees have no right to purchase the goods at any time in the future." The trial court noted the decision in Capital Associates, Inc....
...applies to transactions in goods," and appellants' lease of this vehicle was a "transaction in goods" as so defined. By its express terms, chapter 672 applies to "sales" and section 672.608 applies to transactions involving a "buyer" and a "seller." Section 672.103 defines "buyer" as "a person who buys or contracts to buy goods," and defines "seller" as "a person who sells or contracts to sell goods." Section 672.106(1) defines "contract" and "contract for sale": In this chapter unless the conte...
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Taylor v. Am. Honda Motor Co., Inc., 555 F. Supp. 59 (M.D. Fla. 1983).

Cited 18 times | Published | District Court, M.D. Florida

...Since this latter reading more closely tracks the language of § 2-607(3)(a) and was clearly contemplated by the drafters, see Official Comment 5 to § 672.2-607, 19A Fla.Stat.Ann. 407 (1966), the Court will *64 adopt it, and hold that if either of the plaintiffs is the "buyer", within the meaning of § 672.103(1)(a), then the complaint must allege compliance with § 672.607(3)(a) if it is to state a cause of action for breach of implied warranty....
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Weiss v. Johansen, 898 So. 2d 1009 (Fla. 4th DCA 2005).

Cited 14 times | Published | Florida 4th District Court of Appeal | 2005 WL 545085

...Weiss's argument that he falls within the UCC's definition of "buyer" as someone who buys or contracts to buy goods, fails to address the fact that based upon all the record evidence, Weiss assigned or transferred his interests under the purchase agreement to Green Shoe, Ltd. See § 672.103, Fla....
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Swift v. JI Case Co., 266 So. 2d 379 (Fla. 1st DCA 1972).

Cited 7 times | Published | Florida 1st District Court of Appeal

...[3] The exchange of equipment which took place between Swift and Gator constitutes a sale and Swift would be considered a purchaser. F.S. § 671.201(9), F.S.A. [4] F.S. § 679.307(1), F.S.A. [5] F.S. § 671.201(9), F.S.A. [6] Cf. F.S. § 671.201(19), F.S.A. and F.S. § 672.103(1) (b), F.S.A. [7] F.S. § 672.103(1) (b), F.S.A.
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United Food Mart, Inc. v. Motiva Enter., LLC, 457 F. Supp. 2d 1329 (S.D. Fla. 2005).

Published | District Court, S.D. Florida | 2005 U.S. Dist. LEXIS 34136, 2005 WL 4858676

...Rahman, allowed the Broward Shell to increase its sales while his businesses failed. The U.C.C. defines "good faith" in the case of a merchant (such as Motiva) [3] to mean "honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade." Id. § 672.103(1)(b)....
...price he may wish by the express qualification that the price so fixed must be fixed in good faith. Good faith includes observance of reasonable commercial standards of fair dealing in the trade if the party is a merchant. (Section 2-103 [Fla. Stat. § 672.103(1)(b)])....

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