Terms Used In Maryland Code > COMMERCIAL LAW > Title 22 > Subtitle 7 > GENERAL

• Buyer: means a person who buys or contracts to buy goods. See
• Contract: A legal written agreement that becomes binding when signed.
• Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• including: means includes or including by way of illustration and not by way of limitation. See
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Seller: means a person who sells or contracts to sell goods. See
• state: means :
  
  (1) a state, possession, territory, or commonwealth of the United States; or
  
  (2) the District of Columbia. See