Idaho State Statutes - Idaho Attorney Directory

DEFINITIONS -- TRANSFERABILITY -- "GOODS" -- "FUTURE" GOODS --
"LOT" -- "COMMERCIAL UNIT." (1) "Goods" means all things (including specially
manufactured goods) which are movable at the time of identification to the
contract for sale other than the money in which the price is to be paid,
investment securities (chapter 8) and things in action. "Goods" also includes
the unborn young of animals and growing crops and other identified things
attached to realty as described in the section on goods to be severed from
realty (section 28-2-107).
(2) Goods must be both existing and identified before any interest in
them can pass. Goods which are not both existing and identified are "future"
goods. A purported present sale of future goods or of any interest therein
operates as a contract to sell.
(3) There may be a sale of a part interest in existing identified goods.
(4) An undivided share in an identified bulk of fungible goods is
sufficiently identified to be sold although the quantity of the bulk is not
determined. Any agreed proportion of such a bulk or any quantity thereof
agreed upon by number, weight or other measure may to the extent of the
seller's interest in the bulk be sold to the buyer who then becomes an owner
in common.
(5) "Lot" means a parcel or a single article which is the subject matter
of a separate sale or delivery, whether or not it is sufficient to perform the
contract.
(6) "Commercial unit" means such a unit of goods as by commercial usage
is a single whole for purposes of sale and division of which materially
impairs its character or value on the market or in use. A commercial unit may
be a single article (as a machine) or a set of articles (as a suite of
furniture or an assortment of sizes) or a quantity (as a bale, gross, or
carload) or any other unit treated in use or in the relevant market as a
single whole.

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