1.
purchaser a party who buys without notice that would put an ordinary purchaser on guard as to the legitimacy of various aspects of the sale
2.
physically existing goods owned by the seller
3.
designated subject matter of a particular sales contract
4.
goods that are not both existing and identified
5.
to place the goods at the buyer’s disposal or to give notice to the buyer that delivery can be received
6.
shipping term meaning “free on board”
7.
“cost, insurance, freight” price
8.
sale that, by agreement of the parties, calls for payment for the goods at a later date
10.
completed sale in which the buyer has the option of returning the goods
11.
goods are delivered to the buyer in an “on trial” or “on satisfaction” basis
12.
selling a fractional interest in a single good or in a number of goods that are to remain together
13.
public sale to the highest bidder
14.
transfer, generally by sale, of all or a major part of the goods of a business in one unit at one time
