§ 2-106. Definitions: “Contract”; “agreement”; “contract for sale”; “sale”; “present sale”, “co...
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 2-106
§ 2-106. Definitions: “Contract”; “agreement”; “contract for sale”; “sale”; “present sale”, “conforming” to contract; “termination”; “cancellation”
(1) In this title unless the context otherwise requires “contract” and “agreement” are limited to those relating to the present or future sale of goods. “Contract for sale” includes both a present sale of goods and a contract to sell goods at a future time. A “sale” consists in the passing of title from the seller to the buyer for a price (§ 2-401). A “present sale” means a sale which is accomplished by the making of the contract.
Credits
Added by Acts 1975, c. 49, § 2, eff. July 1, 1975.
Formerly Art. 95B, § 2-106.
MD Code, Commercial Law, § 2-106, MD COML § 2-106
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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