Offer to Make Lease Contract; Manner of Acceptance; Lapse - Mich. Comp. Laws Section 440.2856
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Michigan Laws > Uniform Commercial Code > Offer to Make Lease Contract; Manner of Acceptance; Lapse - Mich. Comp. Laws Section 440.2856
440.2856 Offer to make lease contract; manner of acceptance; lapse.
Sec. 2A206.
(1) Unless otherwise unambiguously indicated by the language or circumstances, an offer to make a lease contract must be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances.
(2) If the beginning of a requested performance is a reasonable mode of acceptance, an offeror who is not notified of acceptance within a reasonable time may treat the offer as having lapsed before acceptance.
History: Add. 1992, Act 101, Eff. Sept. 30, 1992
Section: 440.2809 440.2810 440.2851 440.2852 440.2853 440.2854 440.2855 440.2856 440.2857 440.2858 440.2859 440.2860 440.2861 440.2862 440.2863
Last modified: March 17, 2013
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