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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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