California Civil Code 1749.1 – For purposes of this title, the following terms have the following …
For purposes of this title, the following terms have the following meanings:
(a) “Consumer good” means any article which is used or bought for use primarily for personal, family, or household purposes.
Terms Used In California Civil Code 1749.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) “Retail seller” means an individual, firm, partnership, corporation, joint stock company, association, organization, or other legal entity which engages in the business of selling consumer goods to retail buyers.
(c) “Layaway” means an agreement by a retail seller with a consumer to retain specified consumer goods for sale to the consumer at a specified price, in earnest of which sale the consumer has deposited with the retail seller an agreed upon sum of money, and any other terms and conditions not contrary to law which are mutually agreed upon.
(Added by Stats. 1975, Ch. 825.)