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C.__The transaction does not create a security interest that | | secures an obligation; and |
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| | | D.__Title to the goods does not pass until the sale. |
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| | | 2.__Consignment merchant.__"Consignment merchant" means a | | merchant who receives tangible personal property for sale on | | consignment. |
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| | | 3.__Junk.__"Junk" means old iron, chains, brass, copper, tin, | | lead or other base metals, old rope, old bags, rags, wastepaper, | | paper clippings, scraps of woolens, clips, bagging, rubber and | | glass and empty bottles of different kinds when less than one | | gross and all articles discarded or no longer used or a | | manufactured article composed of any one or more of the materials | | mentioned in this subsection. |
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| | | 4.__Junk collector.__"Junk collector" means anyone dealing or | | trading in junk or anyone who engages in the collection, storage, | | transfer or sale of junk. |
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| | | 5.__Merchant.__"Merchant" means a person who deals in tangible | | personal property or otherwise by that person's occupation holds | | that person out as having knowledge or skill peculiar to the | | practices or goods involved in a transaction of tangible personal | | property or to whom such knowledge or skill may be attributed by | | that person's employment of an agent or broker or other | | intermediary who by that agent's, broker's or other | | intermediary's occupation holds that person out as having such | | knowledge or skill. |
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| | | 6.__Secondhand dealer.__"Secondhand dealer" means a person who | | engages in the purchase, collection, transfer or storage for | | later resale, or who engages in the trading or selling, unless | | such sale is by auction of less than 4 days' duration, of any | | article, vehicle or material, or a portion thereof, of which | | prior use has been made in any manner whatsoever. "Secondhand | | dealer" does not include pawnbrokers, junk collectors, used car | | dealers or persons primarily engaged in the retail sale of new | | and unused goods who deal with used goods only incidentally, such | | as accepting such goods in trade as part of a transaction | | involving the sale of new goods, but only to the extent that such | | used goods are of the same type as the new goods. |
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| | | 7. Tangible personal property. "Tangible personal property" | | includes motor vehicles, but does not include documents | | evidencing title to motor vehicles. "Tangible personal property" | | also does not include checks, drafts or similar instruments or | | real estate. |
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