Nebraska Uniform Commercial Code 2A-206
- Uniform Commercial Code
Offer and acceptance in formation of lease contract.
(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.
- Laws 1991, LB 159, § 17.
Uniform Statutory Source: Section 2-206(1)(a) and (2).
Changes: Revised to reflect leasing practices and terminology.
Definitional Cross References:
"Lease contract". Section 2A-103(1)(l).
"Notifies". Section 1-201(26).
"Reasonable time". Section 1-204(1) and (2).