Alaska Statutes > Title 45 > Chapter 2 > Article 6 – Breach, Repudiation, and Excuse
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Terms Used In Alaska Statutes > Title 45 > Chapter 2 > Article 6 - Breach, Repudiation, and Excuse
- 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.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- 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.
- seller: means a person who sells or contracts to sell goods. See Alaska Statutes 45.02.103
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
- writing: includes printing. See Alaska Statutes 01.10.060