Alaska Statutes 45.02.717 – Deduction of damages from the price
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 45.02.717
- 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
The buyer on notifying the seller of the intention to do so may deduct all or any part of the damages resulting from a breach of the contract from any part of the price still due under the same contract.