{"data":{"id":"us-mi/mich.-comp.-laws-440.2103","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.2103","heading":"Article 2; definitions.","body":"Sec. 2103.\n\n(1) In this article unless the context otherwise requires:\n\n(a) \"Buyer\" means a person who buys or contracts to buy goods.\n\n(b) \"Receipt\" of goods means taking physical possession of them.\n\n(c) \"Seller\" means a person who sells or contracts to sell goods.\n\n(2) Other definitions applying to this article or to specified parts thereof, and the sections in which they appear are:\n\n\"Acceptance\". Section 2606. \"Banker's credit\". Section 2325. \"Between merchants\". Section 2104. \"Cancellation\". Section 2106(4). \"Commercial unit\". Section 2105. \"Confirmed credit\". Section 2325. \"Conforming to contract\". Section 2106. \"Contract for sale\". Section 2106. \"Cover\". Section 2712. \"Entrusting\". Section 2403. \"Financing agency\". Section 2104. \"Future goods\". Section 2105. \"Goods\". Section 2105. \"Identification\". Section 2501. \"Installment contract\". Section 2612. \"Letter of credit\". Section 2325. \"Lot\". Section 2105. \"Merchant\". Section 2104. \"Overseas\". Section 2323. \"Person in position of seller\". Section 2707. \"Present sale\". Section 2106. \"Sale\". Section 2106. \"Sale on approval\". Section 2326. \"Sale or return\". Section 2326. \"Termination\". Section 2106.\n\n\"Acceptance\".\n\nSection 2606.\n\n\"Banker's credit\".\n\nSection 2325.\n\n\"Between merchants\".\n\nSection 2104.\n\n\"Cancellation\".\n\nSection 2106(4).\n\n\"Commercial unit\".\n\nSection 2105.\n\n\"Confirmed credit\".\n\nSection 2325.\n\n\"Conforming to contract\".\n\nSection 2106.\n\n\"Contract for sale\".\n\nSection 2106.\n\n\"Cover\".\n\nSection 2712.\n\n\"Entrusting\".\n\nSection 2403.\n\n\"Financing agency\".\n\nSection 2104.\n\n\"Future goods\".\n\nSection 2105.\n\n\"Goods\".\n\nSection 2105.\n\n\"Identification\".\n\nSection 2501.\n\n\"Installment contract\".\n\nSection 2612.\n\n\"Letter of credit\".\n\nSection 2325.\n\n\"Lot\".\n\nSection 2105.\n\n\"Merchant\".\n\nSection 2104.\n\n\"Overseas\".\n\nSection 2323.\n\n\"Person in position of seller\".\n\nSection 2707.\n\n\"Present sale\".\n\nSection 2106.\n\n\"Sale\".\n\nSection 2106.\n\n\"Sale on approval\".\n\nSection 2326.\n\n\"Sale or return\".\n\nSection 2326.\n\n\"Termination\".\n\nSection 2106.\n\n(3) \"Control\" as provided in section 7106 and the following definitions in other articles apply to this article:\n\n\"Check\". Section 3104. \"Consignee\". Section 7102. \"Consignor\". Section 7102. \"Consumer goods\". Section 9102. \"Dishonor\". Section 3502. \"Draft\". Section 3104.\n\n\"Check\".\n\nSection 3104.\n\n\"Consignee\".\n\nSection 7102.\n\n\"Consignor\".\n\nSection 7102.\n\n\"Consumer goods\".\n\nSection 9102.\n\n\"Dishonor\".\n\nSection 3502.\n\n\"Draft\".\n\nSection 3104.\n\n(4) In addition, article 1 contains general definitions and principles of construction and interpretation applicable throughout this article.","path":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-2103","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"15c6343567e2349d030f0c771f9e483f78a56f9e3df7c093db01b95c55351e89","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.2102","next":"us-mi/mich.-comp.-laws-440.2104"},"notice":"GroundRules: Original legal text. Not legal advice."}