When the parties agree to pay the "market value" of an item, or when some other objective method or formula for pricing a product at some time in the future is used, the consideration is calculable and is thus sufficiently specific to be binding.

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The Answer of When the parties agree to pay the "market value" of an item, or when some other objective method or formula for pricing a product at some time in the future is used, the consideration is calculable and is thus sufficiently specific to be binding.

When the Parties Agree to Pay the "Market Value" of an Item