How does the UCC define "delivery"?

The Uniform Commercial Code (UCC) defines "delivery" specifically as the voluntary transfer of possession from the seller to the buyer. This definition emphasizes the active role of the seller in relinquishing control over the goods to the buyer, underscoring that delivery is not merely about transferring ownership or the paperwork involved, but rather about the physical act of handing over possession of the goods.

Understanding this definition is crucial because delivery establishes the point at which the buyer takes control over the goods, which can have significant implications for risk of loss, warranty obligations, and other aspects of the sales transaction. This focus on possession rather than ownership or documentation highlights the practical aspects of commercial transactions, where actual control over goods can influence various legal rights and obligations.

The other choices, while related to aspects of transactions under the UCC, do not encapsulate the formal definition of delivery as outlined by the code. For example, simply transferring ownership does not ensure that possession has occurred, and defining delivery in terms of bulk sales or shipment only focuses on specific circumstances rather than the broader definition applicable to all types of sales.