Delaware Code Title 6 Sec. 2-102 – Scope; certain security and other transactions excluded from this …
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Unless the context otherwise requires, this Article applies to transactions in goods; it does not apply to any transaction which although in the form of an unconditional contract to sell or present sale is intended to operate only as a security transaction nor does this Article impair or repeal any statute regulating sales to consumers, farmers or other specified classes of buyers.
5A Del. C. 1953, §§ ?2-102; 55 Del. Laws, c. 349.;
Terms Used In Delaware Code Title 6 Sec. 2-102
- Contract: A legal written agreement that becomes binding when signed.
- present sale: means a sale which is accomplished by the making of the contract. See Delaware Code Title 6 Sec. 2-106
- Statute: A law passed by a legislature.