Section 70A-2-103 - Definitions and index of definitions(1) In this chapter 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 chapter or to specified parts thereof, and the sections in which they appear are:(a) "Acceptance." Section 70A-2-606.(b) "Banker's credit." Section 70A-2-325.(c) "Between merchants." Section 70A-2-104.(d) "Cancellation." Subsection 70A-2-106(4).(e) "Commercial unit." Section 70A-2-105.(f) "Confirmed credit." Section 70A-2-325.(g) "Conforming to contract." Section 70A-2-106.(h) "Contract for sale." Section 70A-2-106.(i) "Cover." Section 70A-2-712.(j) "Entrusting." Section 70A-2-403.(k) "Financing agency." Section 70A-2-104.(l) "Future goods." Section 70A-2-105.(m) "Goods." Section 70A-2-105.(n) "Identification." Section 70A-2-501.(o) "Installment contract." Section 70A-2-612.(p) "Letter of Credit." Section 70A-2-325.(q) "Lot." Section 70A-2-105.(r) "Merchant." Section 70A-2-104.(s) "Overseas." Section 70A-2-323.(t) "Person in position of seller." Section 70A-2-707.(u) "Present sale." Section 70A-2-106.(v) "Sale." Section 70A-2-106.(w) "Sale on approval." Section 70A-2-326.(x) "Sale or return." Section 70A-2-326.(y) "Termination." Section 70A-2-106.(3) "Control" as provided in Section 70A-7a-106, and the following definitions in other chapters apply to this chapter: (a) "Check." Section 70A-3-104.(b) "Consignee." Section 70A-7a-102.(c) "Consignor." Section 70A-7a-102.(d) "Consumer goods." Section 70A-9a-102.(e) "Dishonor." Section 70A-3-502.(f) "Draft." Section 70A-3-104.(4) In addition, Chapter 1a, Uniform Commercial Code - General Provisions, contains general definitions and principles of construction and interpretation applicable throughout this chapter.Amended by Chapter 272, 2007 General Session.