Offer and acceptance in formation of lease contract
Applied in 1 court decision — leading case James Hardie Gypsum (Nevada) Inc. v. Inquipco (1996)
Most recently applied in James Hardie Gypsum (Nevada) Inc. v. Inquipco (December 1996)
(Added to NRS by 1989, 346; A 1989, 721)
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.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.