Alaska Statutes > Title 45 > Chapter 1 > Article 3 – Territorial Applicability and General Rules


§ 45.01.301	Territorial applicability; parties’ power to choose applicable law
§ 45.01.302	Variation by agreement
§ 45.01.303	Course of performance, course of dealing, and usage of trade
§ 45.01.304	Obligation of good faith
§ 45.01.305	Remedies to be liberally administered
§ 45.01.306	Waiver or renunciation of claim or right after breach
§ 45.01.307	Prima facie evidence by third-party documents
§ 45.01.308	Performance or acceptance under reservation of rights
§ 45.01.309	Option to accelerate at will
§ 45.01.310	Subordinated obligations

action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
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.
Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
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
state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060