(a) After a breach within Alaska Stat. § 45.02.711, the buyer may “cover” by making in good faith and without unreasonable delay a reasonable purchase of or contract to purchase goods in substitution for those due from the seller.

Terms Used In Alaska Statutes 45.02.712

  • 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.
  • seller: means a person who sells or contracts to sell goods. See Alaska Statutes 45.02.103
(b) The buyer may recover from the seller as damages the difference between the cost of cover and the contract price together with any incidental or consequential damages as defined in Alaska Stat. § 45.02.715, but less expenses saved in consequence of the seller’s breach.
(c) Failure of the buyer to effect cover within this section does not bar the buyer from any other remedy.
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