Alaska Statutes: AS 45.12.206. Offer and Acceptance in Formation of Lease Contract.

Alaska Statutes. Title 45. Trade and Commerce Chapter 12. Leases Section 206. Offer and Acceptance in Formation of Lease Contract.

previous: Section 205. Firm Offers.
next: Section 207. Course of Performance or Practical Construction.

AS 45.12.206. Offer and Acceptance in Formation of Lease Contract.

(a) 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 under the circumstances.
(b) 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.

This version of the Alaska Statutes is current through December, 2007. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.