Which term refers to the seller in UCC transactions?

In UCC transactions, the correct term that refers to the seller is "Vendor." In the context of the Uniform Commercial Code (UCC), the vendor is the party that sells goods and retains certain rights and obligations in the transaction.

Understanding the role of a vendor is essential as they are responsible for the transfer of ownership of goods to the purchaser, often with conditions related to payment or delivery. This terminology is crucial for distinguishing between different parties involved in commercial transactions, as it clarifies the seller's position and obligations under the UCC framework.

The other terms hold specific meanings within the UCC but do not denote the seller. For instance, "Debtor" typically refers to a party that owes money or performance under an obligation, commonly seen in secured transactions. "Secured party" refers to a lender or entity that has a security interest in the collateral, while "Purchaser" indicates the buyer, not the seller. Thus, in UCC transactions, "Vendor" is the appropriate and correct term for the seller.