Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.02. SALES. |
Article 45.02.07. REMEDIES. |
Section 45.02.707. Person in the position of a seller.
Latest version.
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(a) A person in the position of a seller includes, as against a principal, an agent who has paid or become responsible for the price of goods on behalf of the principal or anyone who otherwise holds a security interest or other right in goods similar to that of a seller.
(b) A person in the position of a seller may withhold or stop delivery (AS 45.02.705) and resell (AS 45.02.706) and recover incidental damages (AS 45.02.710).
Authorities
45.02.103;45.02.104;45.02.706
Notes
References
AS 45.02.103 Definitions and index of definitions.
AS 45.02.104 Definitions: "merchant"; "between merchants"; "financing agency.".
AS 45.02.706 Seller's resale including contract for resale.
History
(Sec. 2.707 ch 114 SLA 1962)