Utah Statutes
§ 70A-2-103 — Definitions and index of definitions.
Utah·Title 70A Uniform Commercial Code·Ch. 70A-2 Uniform Commercial Code - Sales·Part 70A-2-1 Short Title, General Construction and Subject Matter
(1)In this chapter unless the context otherwise requires:
(1)(a) "Buyer" means a person who buys or contracts to buy goods.
(1)(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.
(1)(c) "Receipt" of goods means taking physical possession of them.
(1)(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:
(2)(a) "Acceptance." Section 70A-2-606.
(2)(b) "Banker's credit." Section 70A-2-325.
(2)(c) "Between merchants." Section 70A-2-104.
(2)(d) "Cancellation." Subsection 70A-2-106(4).
(2)(e) "Commercial unit." Section 70A-2-105.
(2)(f) "Confirmed credit." Section 70A
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Legislative History
Amended by Chapter 272, 2007 General Session
Nearby Sections
15
§ 70A-10-101
Effective date.§ 70A-10-102
Specific repealer -- Provision for transition.§ 70A-10-103
General repealer.§ 70A-10-104
Laws not repealed.§ 70A-1a-101
Title.§ 70A-1a-102
Scope of chapter.§ 70A-1a-104
Construction against implied repeal.§ 70A-1a-105
Severability.§ 70A-1a-106
Use of singular and plural -- Gender.§ 70A-1a-107
Section captions.§ 70A-1a-201
General definitions.§ 70A-1a-202
Notice -- Knowledge.§ 70A-1a-203
Lease distinguished from security interest.