Alaska Statutes 45.12.511 – Merchant lessee’s duties as to rightfully rejected goods
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 45.12.511
- action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- goods: means all things that are movable at the time of identification to the lease contract, or are fixtures under Alaska Stat. See Alaska Statutes 45.12.103
- lessee: means a person who acquires the right to possession and use of goods under a lease. See Alaska Statutes 45.12.103
- lessor: means a person who transfers the right to possession and use of goods under a lease. See Alaska Statutes 45.12.103
- merchant lessee: means a lessee who is a merchant with respect to goods of the kind subject to the lease. See Alaska Statutes 45.12.103
- supplier: means a person from whom a lessor buys or leases goods to be leased under a finance lease. See Alaska Statutes 45.12.103