517.01 DEFINITIONS.

   For the purposes of this chapter, the following terms, phrases, words and their derivations shall have the meaning given herein. When not inconsistent with the context, words used in the present tense include the future, words in the plural number include the singular number, and words in the singular number include the plural number. The word "shall" is always mandatory and not merely directory.

   (a)   "Fire and other altered goods sale" means a sale held out in such a manner as to reasonably cause the public to believe that the sale will offer goods damaged or altered by fire, smoke, water or other means.

   (b)   "Going-out-of-business sale" is a sale held out in such a manner as to reasonably cause the public to believe that upon the disposal of the stock of goods on hand the business will cease and be discontinued, including but not limited to the following sales: adjuster's; adjustment; alteration; assignee's; bankrupt; benefit of administrator's; benefit of creditors; benefit of trustees; building coming down; closing; creditor's committee; creditor's end; executor's; final days; forced out; forced out of business; insolvents; last days; lease expires; liquidation; loss of lease; mortgage sale; receiver's; trustee's; quitting business.

   (c)   "Goods" includes any goods, wares, merchandise or other property capable of being the object of a sale regulated hereunder.

   (d)   "Person" means any person, firm, partnership, association, corporation, company or organization of any kind.

   (e)   "Removal of business sale" means a sale held out in such a manner as to reasonably cause the public to believe that the person conducting the sale will cease and discontinue business at the place of sale upon disposal of the stock of goods on hand.

      (Ord. 74-100. Enacted 8-26-74.)