North Dakota Code 41-02-03 – (2-103) Definitions and index of definitions

1. In this chapter, unless the context otherwise requires:

following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49
Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49

a. “Buyer” means a person who buys or contracts to buy goods. b. Reserved.

c. “Receipt” of goods means taking physical possession of them.

d. “Seller” means a person who sells or contracts to sell goods.

2. Other definitions applying to this chapter or to specified parts thereof, and the sections in which they appear are:

a. “Acceptance”. Section 41-02-69.

b. “Banker’s credit”. Section 41-02-42.

c. “Between merchants”. Section 41-02-04.

d. “Cancellation”. Subsection 2 of section 41-02-06. e. “Commercial unit”. Section 41-02-05.

f. “Confirmed credit”. Section 41-02-42.

g. “Conforming to contract”. Section 41-02-06. h. “Contract for sale”. Section 41-02-06.

i. “Cover”. Section 41-02-91.

j. “Entrusting”. Section 41-02-48.

k. “Financing agency”. Section 41-02-04. l. “Future goods”. Section 41-02-05.

m. “Goods”. Section 41-02-05.

n. “Identification”. Section 41-02-49.

o. “Installment contract”. Section 41-02-75. p. “Letter of credit”. Section 41-02-42.

r. “Merchant”. Section 41-02-04. s. “Overseas”. Section 41-02-40.

t. “Person in position of seller”. Section 41-02-86. u. “Present sale”. Section 41-02-06.

w. “Sale on approval”. Section 41-02-43. x. “Sale or return”. Section 41-02-43.

y. “Termination”. Section 41-02-06.

3. “Control” as provided under section 41-07-06 and the following definitions in other chapters apply to this chapter:

a. “Check”. Section 41-03-04.

b. “Consignee”. Section 41-07-02. c. “Consignor”. Section 41-07-02.

d. “Consumer goods”. Section 41-09-02.

e. “Dishonor”. Section 41-03-59. f. “Draft”. Section 41-03-04.

4. In addition, chapter 41-01 contains general definitions and principles of construction and interpretation applicable throughout this chapter.