North Carolina § 25-2-103 - Definitions and index of definitions.
Full text of North Carolina North Carolina General Statutes § 25-2-103 — Definitions and index of definitions., with citation guidance and answers to common questions.
§ 25-2-103. Definitions and index of definitions.
In this article unless the context otherwise requires "Buyer" means a person who buys or contracts to buy goods. Repealed by Session Laws 2006-112, s. 2, effective October 1, 2006. "Receipt" of goods means taking physical possession of them. "Seller" means a person who sells or contracts to sell goods. Any manufacturer of self-propelled motor vehicles, as defined in G.S. 20-4.01, is also a "seller" with respect to buyers of its product to whom it makes an express warranty, notwithstanding any lack of privity between them, for purposes of all rights and remedies available to buyers under this Article. (2) Other definitions applying to this article or to specified parts thereof, and the sections in which they appear are: "Acceptance." G.S. 25-2-606 . "Banker's credit." G.S. 25-2-325 . "Between merchants." G.S. 25-2-104 . "Cancellation." G.S. 25-2-106 (4). "Commercial unit." G.S. 25-2-105 . "Confirmed credit." G.S. 25-2-325 . "Conforming to contract." G.S. 25-2-106 . "Contract for sale." G.S. 25-2-106 . "Cover." G.S. 25-2-712 . "Entrusting." G.S. 25-2-403 . "Financing agency." G.S. 25-2-104 . "Future goods." G.S. 25-2-105 . "Goods." G.S. 25-2-105 . "Identification." G.S. 25-2-501 . "Installment contract." G.S. 25-2-612 . "Letter of credit." G.S. 25-2-325 . "Lot." G.S. 25-2-105 . "Merchant." G.S. 25-2-104 . "Overseas." G.S. 25-2-323 . "Person in position of seller." G.S. 25-2-707 . "Present sale." G.S. 25-2-106 . "Sale." G.S. 25-2-106 . "Sale on approval." G.S. 25-2-326 . "Sale or return." G.S. 25-2-326 . "Termination." G.S. 25-2-106 . (3) "Control" as provided in G.S. 25-7-106 and the following definitions in other Articles apply to this Article: "Check" G.S. 25-3-104 . "Consignee" G.S. 25-7-102 . "Consignor" G.S. 25-7-102 . "Consumer Goods" G.S. 25-9-102 . "Dishonor" G.S. 25-3-502 . "Draft" G.S. 25-3-104 . (4) In addition article 1 contains general definitions and principles of construction and interpretation applicable throughout this article. History (1965, c. 700, s. 1; 1983, c. 598; 2000-169, s. 8; 2006-112, ss. 2, 27.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 25-2-103
What does North Carolina General Statutes § 25-2-103 cover?
Section 25-2-103 ("Definitions and index of definitions.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 25-2-103?
A common citation format is "North Carolina General Statutes § 25-2-103" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 25-2-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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