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§12A-2-104.


§12A-2-104.
   
   (1) "Merchant" means a person who deals in goods of the kind or
   otherwise by his occupation holds himself out as having knowledge or
   skill peculiar to the practices or goods involved in the transaction
   or to whom such knowledge or skill may be attributed by his employment
   of an agent or broker or other intermediary who by his occupation
   holds himself out as having such knowledge or skill.
   
   (2) "Financing agency" means a bank, finance company or other person
   who in the ordinary course of business makes advances against goods or
   documents of title or who by arrangement with either the seller or the
   buyer intervenes in ordinary course to make or collect payment due or
   claimed under the contract for sale, as by purchasing or paying the
   seller's draft or making advances against it or by merely taking it
   for collection whether or not documents of title accompany the draft.
   "Financing agency" includes also a bank or other person who similarly
   intervenes between persons who are in the position of seller and buyer
   in respect to the goods (Section 2-707).
   
   (3) "Between merchants" means in any transaction with respect to which
   both parties are chargeable with the knowledge or skill of merchants.
   

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