{"data":{"id":"us-mo/mo.-rev.-stat.-400.2-103","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.2-103","heading":"Definitions and index of definitions.","body":"(1) In this article unless the context otherwise requires\n(a) \"Buyer\" means a person who buys or contracts to buy goods.\n(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.\n(c) \"Receipt\" of goods means taking physical possession of them.\n(d) \"Seller\" means a person who sells or contracts to sell goods.\n(2) Other definitions applying to this article or to specified parts thereof, and the sections in which they appear are:\n\"Acceptance\". Section 400.2-606.\n\"Banker's credit\". Section 400.2-325.\n\"Between merchants\". Section 400.2-104.\n\"Cancellation\". Section 400.2-106(4).\n\"Commercial unit\". Section 400.2-105.\n\"Confirmed credit\". Section 400.2-325.\n\"Conforming to contract\". Section 400.2-106.\n\"Contract for sale\". Section 400.2-106.\n\"Cover\". Section 400. 2-712.\n\"Entrusting\". Section 400.2-403.\n\"Financing agency\". Section 400.2-104.\n\"Future goods\". Section 400.2-105.\n\"Goods\". Section 400.2-105.\n\"Identification\". Section 400.2-501.\n\"Installment contract\". Section 400.2-612.\n\"Letter of credit\". Section 400.2-325.\n\"Lot\". Section 400.2-105.\n\"Merchant\". Section 400.2-104.\n\"Overseas\". Section 400.2-323.\n\"Person in position of seller\". Section 400.2-707.\n\"Present sale\". Section 400.2-106.\n\"Sale\". Section 400.2-106.\n\"Sale on approval\". Section 400.2-326.\n\"Sale or return\". Section 400.2-326.\n\"Termination\". Section 400.2-106.\n(3) The following definitions in other articles apply to this article:\n\"Check\". Section 400.3-104.\n\"Consignee\". Section 400.7-102.\n\"Consignor\". Section 400.7-102.\n\"Consumer goods\". Section 400.9-102.\n\"Dishonor\". Section 400.3-502.\n\"Draft\". Section 400.3-104.\n(4) In addition article 1 contains general definitions and principles of construction and interpretation applicable throughout this article.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.2-103","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"f0a4f55bc11939f56c6ba051bfa4822718ffdb3c6cebab7f3cdd34e8f6f3988e","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.2-102","next":"us-mo/mo.-rev.-stat.-400.2-104"},"notice":"GroundRules: Original legal text. Not legal advice."}