12A:2A-204 - Formation in generalĀ
12A:2A-204. Formation in generalĀ
Ā 12A:2A-204.Ā Formation in general.
Ā
(1) A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of a lease contract.Ā
(2) An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.Ā
(3) Although one or more terms are left open, a lease contract does not fail for indefiniteness if the parties have intended to make a lease contract and there is a reasonably certain basis for giving an appropriate remedy.Ā
L.1994,c.114,s.1.Ā
Ā
Ā 12A:2A-204.Ā Formation in general.
Ā
(1) A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of a lease contract.Ā
(2) An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.Ā
(3) Although one or more terms are left open, a lease contract does not fail for indefiniteness if the parties have intended to make a lease contract and there is a reasonably certain basis for giving an appropriate remedy.Ā
L.1994,c.114,s.1.Ā
Ā