Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.02. SALES. |
Article 45.02.03. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT. |
Section 45.02.302. Unconscionable contract or clause.
Latest version.
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(a) If the court as a matter of law finds the contract or a clause of the contract was unconscionable at the time it was made, the court may refuse to enforce the contract, enforce the remainder of the contract without the unconscionable clause, or so limit the application of an unconscionable clause as to avoid an unconscionable result.
(b) If it is claimed or appears to the court that the contract or any clause of the contract may be unconscionable, the parties shall be given a reasonable opportunity to present evidence as to its commercial setting, purpose, and effect to aid the court in making the determination.
Notes
History
(Sec. 2.302 ch 114 SLA 1962)