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
2
Q
True or false: The general rule is that no formalities are required for a valid or enforceable contract of
sale?
A
True
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.
4
Q
A