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Statutes Text

Article - Commercial Law




§2A–204.

    (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.

    (2)    An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.

    (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.



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