2020 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 2 - Sales
Part 1 - Short Title, General Construction and Subject Matter
§ 47-2-103. Definitions and Index of Definitions
- In this chapter unless the context otherwise requires:
- “Buyer” means a person who buys or contracts to buy goods.
- “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.
- “Receipt” of goods means taking physical possession of them.
- “Seller” means a person who sells or contracts to sell goods.
“Acceptance.” §47-2-606.
“Banker's credit.” §47-2-325.
“Between merchants.” §47-2-104.
“Cancellation.” §47-2-106(4).
“Commercial unit.” §47-2-105.
“Confirmed credit.” §47-2-325.
“Conforming to contract.” §47-2-106.
“Contract for sale.” §47-2-106.
“Cover.” §47-2-712.
“Entrusting.” §47-2-403.
“Financing agency.” §47-2-104.
“Future goods.” §47-2-105.
“Goods.” §47-2-105.
“Identification.” §47-2-501.
“Installment contract.” §47-2-612.
“Letter of credit.” §47-2-325.
“Lot.” §47-2-105.
“Merchant.” §47-2-104.
“Overseas.” §47-2-323.
“Person in position of seller.” §47-2-707.
“Present sale.” §47-2-106.
“Sale.” §47-2-106.
“Sale on approval.” §47-2-326.
“Sale or return.” §47-2-326.
“Termination.” §47-2-106.
“Check.” §47-3-104.
“Consignee.” §47-7-102.
“Consignor.” §47-7-102.
“Consumer goods.” §47-9-102.
“Dishonor.” §47-3-502.
“Draft.” §47-3-104.
Other definitions applying to this chapter or to specified parts thereof, and the sections in which they appear are:
“Control” as provided in §47-7-106 and the following definitions in other chapters apply to this chapter:
In addition chapter 1 of this title contains general definitions and principles of construction and interpretation applicable throughout this chapter.