(1) In this Article unless the context otherwise requires
         (a) "Buyer" means a person who buys or contracts to
    
buy goods.
        (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.
        (c) "Receipt" of goods means taking physical
    
possession of them.
        (d) "Seller" means a person who sells or contracts to
    
sell goods.
    (2) Other definitions applying to this Article or to specified Parts thereof, and the sections in which they appear are:

Terms Used In Illinois Compiled Statutes 810 ILCS 5/2-103


         "Acceptance". Section 2-606.
         "Banker's credit". Section 2-325.
         "Between merchants". Section 2-104.
         "Cancellation". Section 2-106(4).
         "Commercial unit". Section 2-105.
         "Confirmed credit". Section 2-325.
         "Conforming to contract". Section 2-106.
         "Contract for sale". Section 2-106.
         "Cover". Section 2-712.
         "Entrusting". Section 2-403.
         "Financing agency". Section 2-104.
         "Future goods". Section 2-105.
         "Goods". Section 2-105.
         "Identification". Section 2-501.
         "Installment contract". Section 2-612.
         "Letter of Credit". Section 2-325.
         "Lot". Section 2-105.
         "Merchant". Section 2-104.
         "Overseas". Section 2-323.
         "Person in position of seller". Section 2-707.
         "Present sale". Section 2-106.
         "Sale". Section 2-106.
         "Sale on approval". Section 2-326.
         "Sale or return". Section 2-326.
         "Termination". Section 2-106.
     (3) "Control" as provided in Section 7-106 and the following definitions in other Articles apply to this Article:
         "Check". Section 3-104.
         "Consignee". Section 7-102.
         "Consignor". Section 7-102.
         "Consumer goods". Section 9-102.
         "Dishonor". Section 3-502.
         "Draft". Section 3-104.
     (4) In addition Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.