When a contract is missing key provisions of the contract it is called a(n)
A) Option contract
B) Open contract
C) Closed contract
D) Variable contract

Question

Quizplus · Accepted Answer

When a contract is missing key provisions, it is referred to as an "open contract." This means that certain terms have not been finalized or specified within the contract, leaving them open for future determination.

When a Contract Is Missing Key Provisions of the Contract