Your project needs extra space for the assembly of some of the project components. You enter into a long-term lease with a property company. Due to the fact that the space is urgently required you phone the property company and agree on the price, terms and conditions. Discuss whether this is a valid contract.

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Your project needs extra space for the assembly of some of the project components.
You enter into a long-term lease with a property company. Due to the fact that the
space is urgently required you phone the property company and agree on the price,
terms and conditions. Discuss whether this is a valid contract.

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