Article 11. Form of a business contract
On contracting and legal basis of activity of business entities (670-I-son) · Date: 29.08.1998 · In force
The business contract is concluded in writing to allow an implementation of a transaction. The written form of the contract is considered eligible if the proposal to conclude the contract is in line with the Article 12 of this Law.
A contract in writing can be concluded by drawing up a single document signed by the parties, as well as by exchanging documents through postal, telegraph, teletype, telephone, electronic or other communication, allowing to reliably establish that the document originates from the party to the contract.
