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This entry was published on 2014-09-22
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Formation in General
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2-A, PART 2
Section 2-A-204. Formation in General.

(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.