- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 1. General Provisions
- Section 106. Remedies to Be Liberally Administered.
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Section 105. Territorial Application of the Act; Parties' Power to Choose Applicable Law.
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Section 107. Waiver or Renunciation of Claim or Right After Breach.
AS 45.01.106. Remedies to Be Liberally Administered.
- (a) The remedies provided by the code shall be liberally administered to the end that the aggrieved party may be put in as
good a position as if the other party had fully performed, but neither consequential or special nor penal damages may
be had except as specifically provided in the code or by other rule of law.
- (b) A right or obligation declared by the code is enforceable by action unless the provision declaring it specifies a
different and limited effect.
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