§2-1204. Formation in general
(1). A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties that recognizes the existence of a lease contract.
[PL 1991, c. 805, §4 (NEW).]
(2). An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.
[PL 1991, c. 805, §4 (NEW).]
(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.
[PL 1991, c. 805, §4 (NEW).]
SECTION HISTORY
PL 1991, c. 805, §4 (NEW).
Structure Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Part 2: FORMATION AND CONSTRUCTION OF LEASE CONTRACT
11 §2-1202. Final written expression; parol or extrinsic evidence
11 §2-1204. Formation in general
11 §2-1206. Offer and acceptance in formation of lease contract
11 §2-1207. Course of performance or practical construction (REPEALED)
11 §2-1208. Modification, rescission and waiver
11 §2-1209. Lessee under finance lease as beneficiary of supply contract
11 §2-1210. Express warranties
11 §2-1212. Implied warranty of merchantability
11 §2-1213. Implied warranty of fitness for particular purpose
11 §2-1214. Exclusion or modification of warranties
11 §2-1215. Cumulation and conflict of warranties express or implied
11 §2-1216. Third-party beneficiaries of express and implied warranties
11 §2-1218. Insurance and proceeds