- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 2. Sales
- Section 306. Output, Requirements, and Exclusive Dealings.
previous: Section 305
. Open Price Term.
next: Section 307
. Delivery in Single Lot or Several Lots.
AS 45.02.306. Output, Requirements, and Exclusive Dealings.
- (a) A term that measures the quantity by the output of the seller or the requirements of the buyer means such actual
output or requirements as may occur in good faith, except that no quantity unreasonably disproportionate to a stated
estimate or, in the absence of a stated estimate, to a normal or otherwise comparable prior output or requirements may
be tendered or demanded.
- (b) A lawful agreement by either the seller or the buyer for exclusive dealing in the kind of goods concerned imposes,
unless otherwise agreed, an obligation by the seller to use best efforts to supply the goods and by the buyer to use
best efforts to promote their sale.
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