In this title unless the context otherwise requires “Buyer” means a person who buys or contracts to buy goods. Reserved. “Receipt” of goods means taking physical possession of them. “Seller” means a person who sells or contracts to sell goods. Other definitions applying to this title or to specified subtitles thereof, and the sections in which they appear are: “Acceptance.” § 2-606. “Banker’s credit.” § 2-325. “Between merchants.” § 2-104. “Cancellation.” § 2-106(4). “Commercial unit.” § 2-105. “Confirmed credit.” § 2-325. “Conforming to contract.” § 2-106. “Contract for sale.” § 2-106. “Cover.” § 2-712. “Entrusting.” § 2-403. “Financing agency.” § 2-104. “Future goods.” § 2-105. “Goods.” § 2-105. “Identification.” § 2-501. “Installment contract.” § 2-612. “Letter of credit.” § 2-325. “Lot.” § 2-105. “Merchant.” § 2-104. “Overseas.” § 2-323. “Person in position of seller.” § 2-707. “Present sale.” § 2-106. “Sale.” § 2-106. “Sale on approval.” § 2-326. “Sale or return.” § 2-326. “Termination.” § 2-106. “Control” as provided in § 7-106 and the following definitions in other titles apply to this title: “Check.” § 3-104. “Consignee.” § 7-102. “Consignor.” § 7-102. “Consumer goods.” § 9-102. “Dishonor.” § 3-502. “Draft.” § 3-104. In addition Title 1 contains general definitions and principles of construction and interpretation applicable throughout this title.