(1) In this Part unless inconsistent with the context or subject-matter -
buyer means a person who buys or agrees to buy goods;
delivery means voluntary transfer of possession from one person to another;
goods includes all chattels personal other than things in action and money. The term includes emblements and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale;
quality of goods includes their state or condition;
sale includes a bargain and sale as well as a sale and delivery;
seller means a person who sells or agrees to sell goods;
specific goods means goods identified and agreed upon at the time a contract of sale is made;
(2) A thing is deemed to be done in good faith within the meaning of this Part when it is in fact done honestly whether it be done negligently or not.
(3) A person is deemed to be bankrupt within the meaning of this Part who either has ceased to pay his debts in the ordinary course of business or cannot pay his debts as they become due whether he has committed an act of bankruptcy or not.
(4) Goods are in a deliverable state within the meaning of this Part when they are in such a state that the buyer would under the contract be bound to take delivery of them.
Note: There are other defined words not included in this extract.