(a) In this chapter, unless the context otherwise requires,

Terms Used In Alaska Statutes 45.02.103

  • 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
(1) “buyer” means a person who buys or contracts to buy goods;
(2)[Repealed, Sec. 113 ch 44 SLA 2009.]
(3) “receipt” of goods means taking physical possession of them;
(4) “seller” means a person who sells or contracts to sell goods.
(b) Other definitions applying to this chapter and the sections in which they appear are

(1) “acceptance” (Alaska Stat. § 45.02.606) ;
(2) “banker’s credit” (Alaska Stat. § 45.02.325) ;
(3) “between merchants” (Alaska Stat. § 45.02.104) ;
(4) “cancellation” (Alaska Stat. § 45.02.106(d));
(5) “commercial unit” (Alaska Stat. § 45.02.105) ;
(6) “confirmed credit” (Alaska Stat. § 45.02.325) ;
(7) “conforming to contract” (Alaska Stat. § 45.02.106) ;
(8) “contract for sale” (Alaska Stat. § 45.02.106) ;
(9) “cover” (Alaska Stat. § 45.02.712) ;
(10) “entrusting” (Alaska Stat. § 45.02.403) ;
(11) “financing agency” (Alaska Stat. § 45.02.104) ;
(12) “future goods” (Alaska Stat. § 45.02.105) ;
(13) “goods” (Alaska Stat. § 45.02.105) ;
(14) “identification” (Alaska Stat. § 45.02.501) ;
(15) “installment contract” (Alaska Stat. § 45.02.612) ;
(16) “letter of credit” (Alaska Stat. § 45.02.325) ;
(17) “lot” (Alaska Stat. § 45.02.105) ;
(18) “merchant” (Alaska Stat. § 45.02.104) ;
(19) “overseas” (Alaska Stat. § 45.02.323) ;
(20) “person in position of seller” (Alaska Stat. § 45.02.707) ;
(21) “present sale” (Alaska Stat. § 45.02.106) ;
(22) “sale” (Alaska Stat. § 45.02.106) ;
(23) “sale or return” (Alaska Stat. § 45.02.326) ;
(24) “termination” (Alaska Stat. § 45.02.106) .
(c) The following definitions in other chapters apply to this chapter:

(1) “check” (Alaska Stat. § 45.03.104) ;
(2) “consignee” (Alaska Stat. § 45.07.112) ;
(3) “consignor” (Alaska Stat. § 45.07.112) ;
(4) “consumer goods” (Alaska Stat. § 45.29.102) ;
(5) “control” (Alaska Stat. § 45.07.116) ;
(6) “dishonor” (Alaska Stat. § 45.03.502) ;
(7) “draft” (Alaska Stat. § 45.03.104) .
(d) In addition, Alaska Stat. Chapter 45.01 contains general definitions and principles of construction and interpretation applicable throughout this chapter.
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