- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 2. Sales
- Section 324. "No Arrival, No Sale" Term.
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. Form of Bill of Lading Required in Overseas Shipment; "Overseas.".
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. "Letter of Credit" Term; "Confirmed Credit.".
AS 45.02.324. "No Arrival, No Sale" Term.
Under a term "no arrival, no sale" or terms of like meaning, unless otherwise agreed,
- (1) the seller must properly ship conforming goods and if they arrive by any means the seller must tender them on arrival,
but the seller assumes no obligation that the goods will arrive unless the seller has caused the nonarrival; and
- (2) if without fault of the seller the goods are in part lost or have so deteriorated as no longer to conform to the
contract or arrive after the contract time, the buyer may proceed as if there had been casualty to identified goods (AS
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