Legal Definitions - buyer

A buyer is an individual, group, or entity that acquires goods, services, or property from another party, known as the seller, typically in exchange for payment or other agreed-upon consideration.

Here are some examples illustrating the concept of a buyer:

• Imagine Maria visits a local farmers' market and purchases a basket of fresh produce. In this scenario, Maria is the buyer because she is exchanging money for the fruits and vegetables, which are the goods she is acquiring from the farmer (the seller).

• Consider Apex Corporation, a manufacturing company, that decides to purchase a new industrial robot for its production line. Apex Corporation is the buyer of this specialized equipment, as they are providing payment to the robot manufacturer in exchange for ownership and use of the machinery.

• Suppose Ethan enrolls in an online course to learn a new programming language. Ethan is the buyer of the educational service. He is paying the online learning platform (the seller) for access to the course content, instructional materials, and potentially tutor support, demonstrating the acquisition of a service rather than a physical product.