SU3: Formalities Flashcards

1
Q

Formalities as a requirement for the conclusion of a valid contract of sale:

A

External visible form required for that specific contract

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2
Q

True or false: The general rule is that no formalities are required for a valid or enforceable contract of
sale?

A

True

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3
Q

When are formalities required to form a valid/enforceable contract?

A

The parties themselves may also (where no statutory formalities are required) agree to certain formalities for their contract.

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4
Q
A
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