§ 47-2-401 Passing of title – Reservation for security – Limited application of this section
§ 47-2-402 Rights of seller’s creditors against sold goods
§ 47-2-403 Power to transfer – Good faith purchase of goods – “Entrusting.”
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Terms Used In Tennessee Code > Title 47 > Chapter 2 > Part 4 - Title, Creditors and Good Faith Purchasers

  • Buyer: means a person who buys or contracts to buy goods. See Tennessee Code 47-2-103
  • 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 Tennessee Code 47-2-106
  • Fraud: Intentional deception resulting in injury to another.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • Seller: means a person who sells or contracts to sell goods. See Tennessee Code 47-2-103
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105