§ 25-2-103. Definitions and index of definitions. - North Carolina Statutes

§ 25‑2‑103. Definitions and index of definitions.

(1)        In this articleunless the context otherwise requires

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

(b)        Repealed by SessionLaws 2006‑112, s. 2, effective October 1, 2006.

(c)        "Receipt"of goods means taking physical possession of them.

(d)        "Seller"means a person who sells or contracts to sell goods. Any manufacturer of self‑propelledmotor vehicles, as defined in G.S. 20‑4.01, is also a "seller"with respect to buyers of its product to whom it makes an express warranty,notwithstanding any lack of privity between them, for purposes of all rightsand remedies available to buyers under this Article.

(2)        Other definitionsapplying to this article or to specified parts thereof, and the sections inwhich they appear are:

"Acceptance."                                            G.S.25‑2‑606.

"Banker'scredit."                                        G.S. 25‑2‑325.

"Betweenmerchants."                                 G.S. 25‑2‑104.

"Cancellation."                                            G.S.25‑2‑106 (4).

"Commercialunit."                                      G.S. 25‑2‑105.

"Confirmedcredit."                                     G.S. 25‑2‑325.

"Conformingto contract."                           G.S. 25‑2‑106.

"Contractfor sale."                                     G.S. 25‑2‑106.

"Cover."                                                     G.S.25‑2‑712.

"Entrusting."                                                G.S.25‑2‑403.

"Financingagency."                                     G.S. 25‑2‑104.

"Futuregoods."                                          G.S. 25‑2‑105.

"Goods."                                                    G.S.25‑2‑105.

"Identification."                                           G.S.25‑2‑501.

"Installmentcontract."                                 G.S. 25‑2‑612.

"Letterof credit."                                        G.S. 25‑2‑325.

"Lot."                                                         G.S.25‑2‑105.

"Merchant."                                                G.S.25‑2‑104.

"Overseas."                                                G.S.25‑2‑323.

"Personin position of seller."                       G.S. 25‑2‑707.

"Presentsale."                                            G.S. 25‑2‑106.

"Sale."                                                        G.S.25‑2‑106.

"Saleon approval."                                     G.S. 25‑2‑326.

"Saleor return."                                          G.S. 25‑2‑326.

"Termination."                                             G.S.25‑2‑106.

(3)        "Control"as provided in G.S. 25‑7‑106 and the following definitions in otherArticles apply to this Article:

"Check"                                                     G.S.25‑3‑104.

"Consignee"                                                G.S.25‑7‑102.

"Consignor"                                                G.S.25‑7‑102.

"ConsumerGoods"                                     G.S. 25‑9‑102.

"Dishonor"                                                  G.S.25‑3‑502.

"Draft"                                                        G.S.25‑3‑104.

(4)        In addition article1 contains general definitions and principles of construction andinterpretation applicable throughout this article. (1965, c. 700, s. 1; 1983, c.598; 2000‑169, s. 8; 2006‑112, ss. 2, 27.)