§ 2-101 Short title
§ 2-102 Scope; certain security and other transactions excluded from this title
§ 2-103 Definitions and index of definitions
§ 2-104 Definitions: “Merchant”; “financing agency”; “between merchants”
§ 2-105 Definitions: Transferability; “goods”; “future” goods; “lot”; “commercial unit”
§ 2-106 Definitions: “Contract”; “agreement”; “contract for sale”; “sale”; “present sale”; “conforming” to contract; “termination”; “cancellation”
§ 2-107 Goods to be severed from realty; recording
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Terms Used In Maryland Code > COMMERCIAL LAW > Title 2 > Subtitle 1 - Short Title, General Construction and Subject Matter

  • 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
  • including: means includes or including by way of illustration and not by way of limitation. See
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
  • present sale: means a sale which is accomplished by the making of the contract. See
  • 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
  • Statute: A law passed by a legislature.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC