Section 440.2856 - Offer to make lease contract; manner of acceptance; lapse.
UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
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