Alaska Statutes > Title 45 > Chapter 2 > Article 1 – Short Title, General Construction, and Subject Matter


§ 45.02.101	Short title
§ 45.02.102	Scope; certain security and other transactions excluded
§ 45.02.103	Definitions and index of definitions
§ 45.02.104	Definitions: “merchant”; “between merchants”; “financing agency.”
§ 45.02.105	Definitions: transferability; “goods”; “future” goods; “lot”; “commercial unit.”
§ 45.02.106	Definitions: “contract”; “agreement”; “contract for sale”; “sale”; “present sale”; “conforming” to contract; “termination”; “cancellation.”
§ 45.02.107	Goods to be severed from realty; recording

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Terms Used In Alaska Statutes > Title 45 > Chapter 2 > Article 1 - Short Title, General Construction, and Subject Matter

action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
buyer: means a person who buys or contracts to buy goods. See Alaska Statutes 45.02.103
Contract: A legal written agreement that becomes binding when signed.
Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See Alaska Statutes 45.02.106
person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
present sale: means a sale that is accomplished by the making of the contract. See Alaska Statutes 45.02.106
seller: means a person who sells or contracts to sell goods. See Alaska Statutes 45.02.103
Statute: A law passed by a legislature.
Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. ^{Source: OCC}