2010 Georgia Code
TITLE 11 - COMMERCIAL CODE
ARTICLE 2 - SALES
PART 1 - SHORT TITLE, GENERAL CONSTRUCTION, AND SUBJECT MATTER
§ 11-2-103 - Definitions and index of definitions
O.C.G.A.
11-2-103 (2010)
11-2-103. Definitions and index of definitions
(1) In this article 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 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.
Graham Syfert - Jacksonville Lawyer