| A | B |
|---|
| bulk transfer | transfer of entire stock of merchandise and supplies |
| sale | contract by which ownership of goods is transferred |
| future goods | goods that are not currently existing or selected |
| risk of loss | responsibility for loss or damage to goods |
| firm offer | merchant's written promise to hold an offer open for |
| price | consideration for a sales contract |
| title | right of ownership to goods |
| identified goods | goods that presently exist and that have been |
| uniform commercial code | collection of laws that governs various types of |
| document of title | paper giving the person who posesses it the right to |
| merchant | business or person who either deals regularly in the |
