(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: '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.' § .' § 47-2-105.'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.(3) 'Control' as provided in § 47-7-106 and the following definitions in other chapters apply to this chapter: '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.(4) In addition chapter 1 of this title contains general definitions and principles of construction and interpretation applicable throughout this chapter.Acts 1963, ch. 81, § 1 (2-103); Acts 2000, ch. 846, § 4; 2008 , ch. 814, § 3.
Tennessee Legal Code