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,withreferencetoaterm,meanssowritten,displayed,orpresentedthatareasonablepersonagainstwhichitistooperateoughttohavenoticedit.Aterminanelectronicrecordintendedtoevokearesponsebyanelectronicagentisconspicuousifitispresentedinaformthatwouldenableareasonablyconfiguredelectronicagenttotakeitintoaccountorreacttoitwithoutreviewoftherecordbyanindividual.Whetheratermis"
conspicuous"
ornotisadecisionforthecourt.Conspicuoustermsincludethefollowing:
(i)foraperson:
(A)aheadingincapitalsequaltoorgreaterinsizethanthesurroundingtext,orincontrastingtype,font,orcolortothesurroundingtextofthesameorlessersize;
and
(B)languageinthebodyofarecordordisplayinlargertypethanthesurroundingtext,orincontrastingtype,font,orcolortothesurroundingtextofthesamesize,orsetofffromsurroundingtextofthesamesizebysymbolsorothermarksthatcallattentiontothelanguage;
(ii)forapersonoranelectronicagent,atermthatissoplacedinarecordordisplaythatthepersonorelectronicagentmaynotproceedwithouttakingactionwithrespecttotheparticularterm.
(c)"
Consumer"
meansanindividualwhobuysorcontractstobuygoodsthat,atthetimeofcontracting,areintendedbytheindividualtobeusedprimarilyforpersonal,family,orhouseholdpurposes.
(d)"
Consumercontract"
meansacontractbetweenamerchantsellerandaconsumer.
(e)"
Delivery"
meansthevoluntarytransferofphysicalpossessionorcontrolofgoods.
(f)"
Electronic"
meansrelatingtotechnologyhavingelectrical,digital,magnetic,wireless,optical,electromagnetic,orsimilarcapabilities.
(g)"
Electronicagent"
meansacomputerprogramoranelectronicorotherautomatedmeansusedindependentlytoinitiateanactionorrespondtoelectronicrecordsorperformancesinwholeorinpart,withoutrevieworactionbyanindividual.
(h)"
Electronicrecord"
meansarecordcreated,generated,sent,communicated,received,orstoredbyelectronicmeans.
(i)"
Foreignexchangetransaction"
meansatransactioninwhichonepartyagreestodeliveraquantityofaspecifiedmoneyorunitofaccountinconsiderationoftheotherparty'
sagreementtodeliveranotherquantityofadifferentmoneyorunitofaccounteithercurrentlyoratafuturedate,andinwhichdeliveryistobethroughfundstransfer,bookentryaccounting,orotherformofpaymentorder,orotheragreedmeanstotransferacreditbalance.Thetermincludesatransactionofthistypeinvolvingtwoormoremoneysandspot,forward,option,orotherproductsderivedfromunderlyingmoneysandanycombinationofthesetransactions.Thetermdoesnotincludeatransactioninvolvingtwoormoremoneysinwhichoneorbothofthepartiesisobligatedtomakephysicaldelivery,atthetimeofcontractingorinthefuture,ofbanknotes,coins,orotherformoflegaltenderorspecie.
[(j)Reserved]
[(j)"
Goodfaith"
meanshonestyinfactandtheobservanceofreasonablecommercialstandardsoffairdealing.]
LegislativeNote:
Thedefinitionof"
goodfaith"
shouldnotbeadoptedifthejurisdictionhasenactedthisdefinitionaspartofArticle1.
(k)"
Goods"
meansallthingsthataremovableatthetimeofidentificationtoacontractforsale.Thetermincludesfuturegoods,speciallymanufacturedgoods,theunbornyoungofanimals,growingcrops,andotheridentifiedthingsattachedtorealtyasdescribedinSection2-107.Thetermdoesnotincludeinformation,themoneyinwhichthepriceistobepaid,investmentsecuritiesunderArticle8,thesubjectmatterofforeignexchangetransactions,orchosesinaction.
(l)"
Receiptofgoods"
meanstakingphysicalpossessionofgoods.
(m)"
Record"
meansinformationthatisinscribedonatangiblemediumorthatisstoredinanelectronicorothermediumandisretrievableinperceivableform.
record"
shouldnotbeadoptedifthejurisdictionhasenactedrevisedArticle1.
(n)"
Remedialpromise"
meansapromisebythesellertorepairorreplacegoodsortorefundallorpartofthepriceofgoodsuponthehappeningofaspecifiedevent.
(o)"
Seller"
meansapersonthatsellsorcontractstosellgoods.
(p)"
Sign"
means,withpresentintenttoauthenticateoradoptarecord:
(i)toexecuteoradoptatangiblesymbol;
or
(ii)toattachtoorlogicallyassociatewiththerecordanelectronicsound,symbol,orprocess.
(2)OtherdefinitionsapplyingtothisArticleortospecifiedPartsthereof,andthesectionsinwhichtheyappearare:
"
Acceptance"
.Section2-606.
Betweenmerchants"
.Section2-104.
Cancellation"
.Section2-106(4).
Commercialunit"
.Section2-105.
Conformingtocontract"
.Section2-106.
Contractforsale"
Cover"
.Section2-712.
Entrusting"
.Section2-403.
Financingagency"
FutureGoods"
.Section2-103.
Identification"
.Section2-501.
Installmentcontract"
.Section2-612.
Lot"
Merchant"
PersoninpositionofSeller"
.Section2-707.
Presentsale"
Sale"
Saleonapproval"
.Section2-326.
Saleorreturn"
Termination"
(3)"
Control"
asprovidedinSection7-106andthefollowingdefinitionsinotherArticlesapplytothisArticle:
Check"
.Section3-104(f).
Consignee"
.Section7-102(3).
Consignor"
.Section7-102(4).
ConsumerGoods"
.Section9-102(a)(23).
Dishonor"
.Section3-502.
Draft"
.Section3-104(e).
Honor"
.Section5-102(a)(8).
Injunctionagainsthonor"
.Section5-109(b).
Letterofcredit"
.Section5-102(a)(10).
(4)InadditionArticle1containsgeneraldefinitionsandprinciplesofconstructionandinterpretationapplicablethroughoutthisArticle.
2-104.Definitions:
"
;
BetweenMerchants"
FinancingAgency"
.
(1)"
meansapersonthatdealsingoodsofthekindorotherwiseholdsitselfoutbyoccupationashavingknowledgeorskillpeculiartothepracticesorgoodsinvolvedinthetransactionortowhichtheknowledgeorskillmaybeattributedbytheperson'
semploymentofanagentorbrokerorotherintermediarythatholdsitselfoutbyoccupationashavingtheknowledgeorskill.
(2)"
meansabank,financecompanyorotherpersonthatintheordinarycourseofbusinessmakesadvancesagainstgoodsordocumentsoftitleorthatbyarrangementwitheitherthesellerorthebuyerintervenesinordinarycoursetomakeorcollectpaymentdueorclaimedunderthecontractforsale,asbypurchasingorpayingtheseller'
sdraftormakingadvancesagainstitorbymerelytakingitforcollectionwhetherornotdocumentsoftitleaccompanyorareassociatedwiththedraft.Thetermincludesalsoabankorotherpersonthatsimilarlyintervenesbetweenpersonsthatareinthepositionofsellerandbuyerinrespecttothegoods(Section2-707).
meansinanytransactionwithrespecttowhichbothpartiesarechargeablewiththeknowledgeorskillofmerchants.
2-105.Definitions:
Transferability;
Future"
Goods;
CommercialUnit"
(1)Goodsmustbebothexistingandidentifiedbeforeanyinterestinthemmaypass.Goodsthatarenotbothexistingandidentifiedare"
future"
goods.Apurportedpresentsaleoffuturegoodsorofanyinterestthereinoperatesasacontracttosell.
(2)Theremaybeasaleofapartinterestinexistingidentifiedgoods.
(3)Anundividedshareinanidentifiedbulkoffungiblegoodsissufficientlyidentifiedtobesoldalthoughthequantityofthebulkisnotdetermined.Anyagreedproportionofthebulkoranyquantitythereofagreeduponbynumber,weight,orothermeasuremaytotheextentoftheseller'
sinterestinthebulkbesoldtothebuyerthatthenbecomesanownerincommon.
(4)"
meansaparcelorasinglearticlewhichisthesubjectmatterofaseparatesaleordelivery,whetherornotitissufficienttoperformthecontract.
(5)"
meanssuchaunitofgoodsasbycommercialusageisasinglewholeforpurposesofsaleanddivisionofwhichmateriallyimpairsitscharacterorvalueonthemarketorinuse.Acommercialunitmaybeasinglearticle(asamachine)orasetofarticles(asasuiteoffurnitureoranassortmentofsizes)oraquantity(asabale,gross,orcarload)oranyotherunittreatedinuseorintherelevantmarketasasinglewhole.
2-106.Definitions:
Contract"
Agreement"
Conforming"
toContract;
(1)InthisArticleunlessthecontextotherwiserequires"
contract"
and"
agreement"
arelimitedtothoserelatingtothepresentorfuturesaleofgoods."
includesbothapresentsaleofgoodsandacontracttosellgoodsatafuturetime.A"
sale"
consistsinthepassingoftitlefromthe