Alaska Statutes Title 45, Chapter 45.02, Article 05 - Performance
- Sec. 45.02.501 Insurable Interest in Goods; Manner of Identification of Goods.
(a) The buyer obtains a special property and an insurable interest in goods by identification of existing goods as goods to which the contract...
- Sec. 45.02.502 Buyer's Right to Goods on Seller's Repudiation, Failure to Deliver, or Insolvency.
(a) Subject to (b) and (c) of this section and even though the goods have not been shipped, a buyer who has paid a...
- Sec. 45.02.503 Manner of Seller's Tender of Delivery.
(a) Tender of delivery requires that the seller put and hold conforming goods at the buyer's disposition and give the buyer any notification reasonably...
- Sec. 45.02.504 Shipment by Seller.
(a) If the seller is required or authorized to send the goods to the buyer and the contract does not require the seller to...
- Sec. 45.02.505 Seller's Shipment Under Reservation.
(a) If the seller has identified goods to the contract by or before shipment,(1) the seller's procurement of a negotiable bill of lading to...
- Sec. 45.02.506 Rights of Financing Agency.
(a) A financing agency by paying or purchasing for value a draft that relates to a shipment of goods acquires to the extent of...
- Sec. 45.02.507 Effect of Seller's Tender; Delivery on Condition.
(a) Tender of delivery is a condition to the buyer's duty to accept the goods and, unless otherwise agreed, to the buyer's duty to...
- Sec. 45.02.508 Cure by Seller of Improper Tender or Delivery; Replacement.
(a) If a tender or delivery by the seller is rejected because nonconforming and the time for performance has not yet expired, the seller...
- Sec. 45.02.509 Risk of Loss in the Absence of Breach.
(a) Where the contract requires or authorizes the seller to ship the goods by carrier,(1) if it does not require the seller to deliver...
- Sec. 45.02.510 Effect of Breach on Risk of Loss.
(a) If a tender or delivery of goods so fails to conform to the contract as to give a right of rejection, the risk...
- Sec. 45.02.511 Tender of Payment by Buyer; Payment by Check.
(a) Unless otherwise agreed, tender of payment is a condition to the seller's duty to tender and complete a delivery.(b) Tender of payment is...
- Sec. 45.02.512 Payment by Buyer Before Inspection.
(a) If the contract requires payment before inspection, nonconformity of the goods does not excuse the buyer from so making payment unless(1) the nonconformity...
- Sec. 45.02.513 Buyer's Right to Inspection of Goods.
(a) Unless otherwise agreed and subject to (c) of this section, if goods are tendered, delivered or identified to the contract for sale, the...
- Sec. 45.02.514 When Documents Deliverable on Acceptance; When on Payment.
Unless otherwise agreed, documents against which a draft is drawn are to be delivered to the drawee on acceptance of the draft if it...
- Sec. 45.02.515 Preserving Evidence of Goods in Dispute.
In furtherance of the adjustment of a claim or dispute,(1) either party, on reasonable notification to the other and to ascertain the facts and...
Last modified: November 15, 2016