Definitions and index of definitions.

NRS

104.2103

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) “Receipt” of goods means taking physical possession of them.

(c) “Seller” means a person who sells or contracts to sell goods.

2. Other definitions applying to this Article or to specified parts thereof, and the sections in which they appear are:

“Acceptance.” NRS 104.2606 .

“Banker’s credit.” NRS 104.2325 .

“Between merchants.” NRS 104.2104 .

“Cancellation.” Subsection 4 of NRS 104.2106 .

“Commercial unit.” NRS 104.2105 .

“Confirmed credit.” NRS 104.2325 .

“Conforming to contract.” NRS 104.2106 .

“Contract for sale.” NRS 104.2106 .

“Cover.” NRS 104.2712 .

“Entrusting.” NRS 104.2403 .

“Financing agency.” NRS 104.2104 .

“Future goods.” NRS 104.2105 .

“Goods.” NRS 104.2105 .

“Identification.” NRS 104.2501 .

“Installment contract.” NRS 104.2612 .

“Letter of credit.” NRS 104.2325 .

“Lot.” NRS 104.2105 .

“Merchant.” NRS 104.2104 .

“Overseas.” NRS 104.2323 .

“Person in position of seller.” NRS 104.2707 .

“Present sale.” NRS 104.2106 .

“Sale.” NRS 104.2106 .

“Sale on approval.” NRS 104.2326 .

“Sale or return.” NRS 104.2326 .

“Termination.” NRS 104.2106 .

3. “Control” as provided in NRS 104.7106 and the following definitions in other Articles apply to this Article:

“Check.” NRS 104.3104 .

“Consignee.” NRS 104.7102 .

“Consignor.” NRS 104.7102 .

“Consumer goods.” NRS 104.9102 .

“Draft.” NRS 104.3104 .

4. In addition Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.

(Added to NRS by 1965, 784 ; A 1999, 372 ; 2005, 847 )