§ 2.101 Short Title
§ 2.102 Scope; Certain Security and Other Transactions Excluded From This Chapter
§ 2.103 Definitions and Index of Definitions
§ 2.104 Definitions: “Merchant”; “Between Merchants”; “Financing Agency”
§ 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 Texas Business and Commerce Code Chapter 2 > Subchapter A - Short Title, General Construction and Subject Matter

  • Buyer: means a person who buys or contracts to buy goods. See Texas Business and Commerce Code 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 Texas Business and Commerce Code 2.106
  • 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.
  • Justice: when applied to a magistrate, means justice of the peace. See Texas Government Code 312.011
  • present sale: means a sale which is accomplished by the making of the contract. See Texas Business and Commerce Code 2.106
  • Probate: Proving a will
  • Seller: means a person who sells or contracts to sell goods. See Texas Business and Commerce Code 2.103
  • Statute: A law passed by a legislature.