Tennessee Code 47-2-502 – Buyer’s right to goods on seller’s insolvency
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 47-2-502
- 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
- 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