Maryland Code > COMMERCIAL LAW > Title 2 > Subtitle 1 – Short Title, General Construction and Subject Matter


§ 2-101	Short title
§ 2-102	Scope; certain security and other transactions excluded from this title
§ 2-103	Definitions and index of definitions
§ 2-104	Definitions: “Merchant”; “financing agency”; “between merchants”
§ 2-105	Definitions: Transferability; “goods”; “future” goods; “lot”; “commercial unit”
§ 2-106	Definitions: “Contract”; “agreement”; “contract for sale”; “sale”; “present sale”; “conforming” to contract; “termination”; “cancellation”
§ 2-107	Goods to be severed from realty; recording

Buyer: means a person who buys or contracts to buy goods. See
Contract: A legal written agreement that becomes binding when signed.
Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See
including: means includes or including by way of illustration and not by way of limitation. See
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
present sale: means a sale which is accomplished by the making of the contract. See
Seller: means a person who sells or contracts to sell goods. See
state: means :

(1) a state, possession, territory, or commonwealth of the United States; or

(2) the District of Columbia. See
Statute: A law passed by a legislature.
Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. ^{Source: OCC}