Oregon Revised Statutes Chapter 72 § 72.2040 — Formation in general
Oregon Revised Statutes Chapter 72 ·
Oregon Code § 72.2040·Enacted ·Last updated March 01, 2026
Statute Text
Formation in general.
(1) A contract for sale of goods may be made in any manner sufficient to show
agreement, including conduct by both parties which recognizes the existence of
such a contract.
(2) An agreement
sufficient to constitute a contract for sale may be found even though the
moment of its making is undetermined.
(3) Even though
one or more terms are left open a contract for sale does not fail for
indefiniteness if the parties have intended to make a contract and there is a
reasonably certain basis for giving an appropriate remedy. [1961 c.726 §72.2040]
Plain English Explanation
This Oregon statute addresses Formation in general. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 72.2040
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Formation in general. Read the full statute text above for details.
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