Open terms are permitted into contracts if there is a reasonably certain basis for giving an appropriate remedy and the parties intended to make a contract.

Question

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Open terms, which are terms that are not specifically defined or outlined in a contract, can be permitted if there is a way to provide an appropriate remedy and if the parties intended to create a binding agreement. However, the terms of the contract must still be sufficiently definite for it to be enforceable.

Open Terms Are Permitted into Contracts If There Is a Reasonably