Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.02. SALES. |
Article 45.02.02. FORM, FORMATION, AND READJUSTMENT OF CONTRACT. |
Section 45.02.204. Formation in general.
Latest version.
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(a) A contract for sale of goods may be made in any manner sufficient to show agreement, including conduct by both parties that recognizes the existence of the contract.
(b) An agreement sufficient to be a contract for sale may be found even though the moment of its making is undetermined.
(c) Even though one or more terms are left open, a contract for sale does not fail for indefiniteness if the parties intended to make a contract and there is a reasonably certain basis for giving an appropriate remedy.
Authorities
45.02.311
Notes
References
AS 45.02.311 Options and cooperation respecting performance.
History
(Sec. 2.204 ch 114 SLA 1962)