Section 7-2-101 – Short Title.

Section 7-2-101 Short title. This article shall be known and may be cited as Uniform Commercial Code – Sales. (Acts 1965, No. 549, p. 811.)

Section 7-2-102 – Scope; Certain Security and Other Transactions Excluded From This Article.

Section 7-2-102 Scope; certain security and other transactions excluded from this article. Unless the context otherwise requires, this article applies to transactions in goods; it does not apply to any transaction which although in the form of an unconditional contract to sell or present sale is intended to operate only as a security transaction nor […]

Section 7-2-103 – Definitions and Index of Definitions.

Section 7-2-103 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) […]

Section 7-2-104 – Definitions: “Merchant”; “Between Merchants”; “Financing agency.”

Section 7-2-104 Definitions: “Merchant”; “between merchants”; “financing agency.” (1) “Merchant” means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by his […]

Section 7-2-105 – Definitions: “Transferability”; “Goods”; “Future Goods”; “Lot”; “Commercial unit.”

Section 7-2-105 Definitions: “Transferability”; “goods”; “future goods”; “lot”; “commercial unit.” (1) “Goods” means all things (including specially manufactured goods) which are movable at the time of identification to the contract for sale other than the money in which the price is to be paid, investment securities (Article 8) and things in action. “Goods” also includes […]

Section 7-2-106 – Definitions: “Contract”; “Agreement”; “Contract for Sale”; “Sale”; “Present Sale”; “Conforming” to Contract; “Termination”; “cancellation.”

Section 7-2-106 Definitions: “Contract”; “agreement”; “contract for sale”; “sale”; “present sale”; “conforming” to contract; “termination”; “cancellation.” (1) In this article unless the context otherwise requires “contract” and “agreement” are limited to those relating to the present or future sale of goods. “Contract for sale” includes both a present sale of goods and a contract to […]

Section 7-2-107 – Goods to Be Severed From Realty; Recording.

Section 7-2-107 Goods to be severed from realty; recording. (1) A contract for the sale of minerals or the like (including oil and gas) or a structure or its materials to be removed from realty is a contract for the sale of goods within this article if they are to be severed by the seller, […]