State laws do indeed govern the formation of sales and lease contracts, making the statement “group starts true." These laws vary from state to state and can be complex, with legal terminology and requirements that can be confusing for the uninitiated.

The purpose of these laws is to protect consumers from deceptive practices by businesses, ensuring that all contracts are fair, transparent, and legally binding. This is especially important in the world of sales and leasing, where individuals may be dealing with large sums of money and complex legal agreements.

Some of the key areas covered by state laws include the requirements for a valid contract, the types of information that must be included in the contract, and the rights and responsibilities of both parties. In general, state laws require that contracts be in writing, signed by all parties, and include certain key details such as the price, delivery date, and payment terms.

Additionally, state laws may provide protections for consumers in the event of disputes or breaches of the contract. In some cases, there may be specific remedies available to consumers who have been harmed by the actions of a business, such as the right to cancel a contract or receive compensation for damages.

It is important for businesses and consumers alike to understand these laws and how they apply to sales and lease contracts. Failure to comply with these laws can result in legal penalties and reputational damage for businesses, as well as financial losses for consumers.

In summary, state laws do indeed govern the formation of sales and lease contracts, and it is essential for businesses and consumers to be aware of these laws and their implications. By understanding the legal requirements and protections associated with these contracts, individuals can ensure that they are entering into fair and legally binding agreements.