Code of Alabama

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7-2-104
Section 7-2-104 Definitions: "Merchant"; "between merchants"; "financing
agency." (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 or are associated with the draft.
"Financing...
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7-2A-205
Section 7-2A-205 Firm offers. An offer by a merchant to lease goods to or from another person
in a signed writing that by its terms gives assurance it will be held open is not revocable,
for lack of consideration, during the time stated or, if no time is stated, for a reasonable
time, but in no event may the period of irrevocability exceed 3 months. Any such term of assurance
on a form supplied by the offeree must be separately signed by the offeror. (Acts 1992, 2nd
Ex. Sess., No. 92-700, p. 92, §205.)...
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7-7-201
Section 7-7-201 Person that may issue a warehouse receipt; storage under bond. (a) A warehouse
receipt may be issued by any warehouse. (b) If goods, including distilled spirits and agricultural
commodities, are stored under a statute requiring a bond against withdrawal or a license for
the issuance of receipts in the nature of warehouse receipts, a receipt issued for the goods
is deemed to be a warehouse receipt even if issued by a person that is the owner of the goods
and is not a warehouse. (Prior version of this section added by Acts 1965, No. 549, p. 811;
repealed by Act 2004-315, p. 464, §1; current section added by Act 2004-315, p. 464, §1.)...

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8-6-17
Section 8-6-17 Prohibited acts regarding offer, sale, or purchase of securities. (a) It is
unlawful for any person, in connection with the offer, sale, or purchase of any security,
directly or indirectly, to: (1) Employ any device, scheme, or artifice to defraud; (2) Make
any untrue statement of a material fact or to omit to state a material fact necessary in order
to make the statements made, in the light of the circumstances under which they are made,
not misleading; or (3) Engage in any act, practice or course of business which operates or
would operate as a fraud or deceit upon any person. (b) It is unlawful for any person who
receives, directly or indirectly, any consideration from another person for advising the other
person as to the value of securities or their purchase or sale, whether through the issuance
of analyses or reports or otherwise, (1) to employ any device, scheme, or artifice to defraud
the other person, (2) to engage in any act, practice, or course of business...
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16-13B-7
Section 16-13B-7 Defaulting bidder; award to second lowest responsible bidder; preferences;
sole source specification; life cycle costs; rejection of bids; lease-purchase contracts.
(a) When purchases are required to be made through competitive bidding, awards shall be made
to the lowest responsible bidder taking into consideration the qualities of the commodities
proposed to be supplied, their conformity with specifications, the purposes for which required,
the terms of delivery, transportation charges, and the dates of delivery. If at any time after
the award has been made the lowest responsible bidder notifies the awarding authority in writing
that the bidder will no longer comply with the terms of the award to provide the goods or
services to the awarding authority under the terms and conditions of the original award, or
the awarding authority documents that the lowest responsible bidder defaults under the terms
of the original award, the awarding authority may terminate the award...
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28-7-10
Section 28-7-10 Wine importer license; restrictions on sale and operation; registration of
labels; seizure of unregistered goods; monthly reports; inspection. (a) Upon applicant's compliance
with Section 28-7-6, the board shall issue to applicant an importer license which shall authorize
the licensee to import table wine manufactured outside the United States of America into this
state or for sale or distribution within this state table wine to the board or the state,
and table wine to wholesaler licensees of the board. No person shall import table wine manufactured
outside the United States into this state or for sale or distribution within this state or
to the state, the board or any licensee of the board, unless such person shall be granted
an importer license issued by the board. (b) An importer licensee shall not sell any table
wine for consumption on the premises where sold; nor, unless issued a wholesale license, sell
or deliver to any retailer; nor deliver any such table wine...
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41-16-27
Section 41-16-27 Manner of awarding contracts; records; exemptions. (a) When purchases are
required to be made through competitive bidding, award shall, except as provided in subsection
(f), be made to the lowest responsible bidder taking into consideration the qualities of the
commodities proposed to be supplied, their conformity with specifications, the purposes for
which required, the terms of delivery, transportation charges, and the dates of delivery,
provided, that the awarding authority may at any time within 30 days after the bids are opened
negotiate and award the contract to anyone, provided he or she secures a price at least five
percent under the low acceptable bid. The award of such a negotiated contract shall be subject
to approval by the Director of Finance and the Governor, except in cases where the awarding
authority is a two-year or four-year college or university governed by a board. The awarding
authority or requisitioning agency shall have the right to reject any...
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7-1-201
Section 7-1-201 General definitions. (a) [Reserved]. (b) Subject to additional definitions
contained in the subsequent articles of this title which are applicable to specific articles
or parts thereof, and unless the context otherwise requires, in this title: (1) "Action,"
in the sense of a judicial proceeding, includes recoupment, counterclaim, set-off, suit in
equity, and any other proceeding in which rights are determined. (2) "Aggrieved party"
means a party entitled to pursue a remedy. (3) "Agreement," as distinguished from
"contract," means the bargain of the parties in fact, as found in their language
or inferred from other circumstances, including course of performance, course of dealing,
or usage of trade as provided in Section 7-1-303. (4) "Bank" means a person engaged
in the business of banking and includes a savings bank, savings and loan association, credit
union, and trust company. (5) "Bearer" means a person in possession of a negotiable
instrument, document of title, or...
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8-13-10
Section 8-13-10 License - Restrictions on issuance. No license shall, under any circumstances,
be granted to any persons, applicant, or owner within a period of two years after the termination
of any going out of business sale by such person, applicant, or owner, held or conducted under
this chapter. No person, applicant, or owner who has been convicted of violating any of the
provisions of this chapter relating to the conduct of going out of business sales or distress
merchandise sales shall be granted a license for such sale or sales or be employed, in any
manner at or in connection with any going out of business sale or distress merchandise sale
licensed hereunder for a period of 10 years after such conviction. (Acts 1965, No. 553, p.
1027, §11.)...
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8-13-20
Section 8-13-20 False bidders, etc., prohibited. No person who is not a bona fide potential
purchaser shall act at any going out of business sale or distress merchandise sale as bidder,
or what is commonly known as a "capper," "booster," or "shiller,"
or offer or make any false bid to buy any article sold or offered for sale at any going out
of business sale or distress merchandise sale. (Acts 1965, No. 553, p. 1027, §19.)...
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