Unless the context otherwise requires, this Article applies to transactions in goods; it does not apply to any transaction which although in the form of an unconditional contract to sell or present sale is intended to operate only as a security transaction nor does this Article impair or repeal any statute regulating sales to consumers, farmers or other specified classes of buyers.

Terms Used In N.Y. Uniform Commercial Code 2-102

  • Contract: A legal written agreement that becomes binding when signed.
  • Statute: A law passed by a legislature.