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N.J. Stat. Ann. § 12A:2-103

Definitions and index of definitions

Applied in 4 court decisions — leading case Elliott & Frantz, Inc. v. Ingersoll-Rand Co. (2006)

Most recently applied in Antero Resources Corp. v. South Jersey Resources Group (August 2019)

amended 1995, c.28, s.5; 2001, c.117, s.5; 2013, c.65, s.31.

How often courts cite this section

20062010201920
citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

Definitions and index of definitions.

(1) In this chapter unless the context otherwise requires:

(a) "Buyer" means a person who buys or contracts to buy goods.

(b) "Good faith" in the case of a merchant means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.

(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 Subchapters thereof, and the sections in which they appear are:

"Acceptance" 12A:2-606.

"Banker's credit" 12A:2-325.

"Between merchants" 12A:2-104.

"Cancellation" 12A:2-106(4).

"Commercial unit" 12A:2-105.

"Confirmed credit" 12A:2-325.

"Conforming to contract" 12A:2-106.

"Contract for sale" 12A:2-106.

"Cover" 12A:2-712.

"Entrusting" 12A:2-403.

"Financing agency" 12A:2-104.

"Future goods" 12A:2-105.

"Goods" 12A:2-105.

"Identification" 12A:2-501.

"Installment contract" 12A:2-612.

"Letter of Credit" 12A:2-325.

"Lot" 12A:2-105.

"Merchant" 12A:2-104.

"Overseas" 12A:2-323.

"Person in position of seller" 12A:2-707.

"Present sale" 12A:2-106.

"Sale" 12A:2-106.

"Sale on approval" 12A:2-326.

"Sale or return" 12A:2-326.

"Termination" 12A:2-106.

(3) The following definitions in other Chapters apply to this Chapter:

"Check" 12A:3-104.

"Consignee" 12A:7-102.

"Consignor" 12A:7-102.

"Consumer goods" 12A:9-102.

"Control" 12A:7-106.

"Dishonor" 12A:3-502.

"Draft" 12A:3-104.

(4) In addition Chapter 1 contains general definitions and principles of construction and interpretation applicable throughout this Chapter.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.