Oklahoma Statutes (Last Updated: September 18, 2014)

§ 15-652. Definitions.

Latest version.

The following words, terms and phrases shall, except where the context clearly indicates a different meaning have, when used in this act, the following meanings:
(a) "Person" - Any individual, firm, partnership, corporation, or other organization;
(b) "Employer" - Any person for whom, under whose direction, or in whose interest others perform labor or service;
(c) "Sale or sell" - Any sale, contract of sale, offer of sale, or advertisement thereof;
(d) "Wholesale sale" - A wholesale sale is a sale for the purpose of resale in the ordinary course of business;
(e) "Retail sale" - Any sale other than a wholesale sale as herein defined;
(f) "Wholesaler" - A person, a substantial portion of whose sales are made to retailers for the purpose of resale to consumers;
(g) "Wholesale price" - The price normally paid by a retailer to a wholesaler for the purpose of resale to consumers at a profit.

Laws 1957, p. 86, § 2.

                    
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