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    Business Law Study Set 1
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    Exam 13: Formation of Contracts: Offer and Acceptance
  5. Question
    An Agreement Is Not Too Indefinite to Be Binding If
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An Agreement Is Not Too Indefinite to Be Binding If

Question 12

Question 12

True/False

An agreement is not too indefinite to be binding if a standard or formula is provided by which variable factors can be determined.

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Related Questions

Q8: If an offer is indefinite or vague,

Q10: If the offeree purports to accept an

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Q24: If no termination date is specified for

Q26: An acceptance must be absolute and unconditional.

Q26: A revocation of an offer is ordinarily

Q32: Offers, acceptances of offers, and revocations of

Q42: The willingness of an offeror to enter

Q43: An otherwise vague contract may be clarified

Q52: Contractual intention is determined by objective standards.

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