Alaska Statutes > Title 45 > Chapter 2 > Article 5 – Performance
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Terms Used In Alaska Statutes > Title 45 > Chapter 2 > Article 5 - Performance
- 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
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
- Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- 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
- property: includes real and personal property. See Alaska Statutes 01.10.060
- seller: means a person who sells or contracts to sell goods. See Alaska Statutes 45.02.103
- Statute: A law passed by a legislature.