Wisconsin § 402.103 - Definitions and index of definitions.
Full text of Wisconsin Wisconsin Statutes § 402.103 — Definitions and index of definitions., with citation guidance and answers to common questions.
§ 402.103. Definitions and index of definitions.
402.103(1) (1) In this chapter unless the context otherwise requires: 402.103(1)(a) (a) “Buyer” means a person who buys or contracts to buy goods. 402.103(1)(b) (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. 402.103(1)(c) (c) “Receipt” of goods means taking physical possession of them. 402.103(1)(d) (d) “Seller” means a person who sells or contracts to sell goods. 402.103(2) (2) Other definitions applying to this chapter or to specified sections thereof, and the sections in which they appear are: 402.103(2)(a) (a) “Acceptance” — s.
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 402.103
What does Wisconsin Statutes § 402.103 cover?
Section 402.103 ("Definitions and index of definitions.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. 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 Wisconsin § 402.103?
A common citation format is "Wisconsin Statutes § 402.103" (Wisconsin). 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 Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 402.103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.