Answer the question Essay Example | Topics and Well Written Essays - 250 words - 5

Answer the question - Essay Example urniture is covered, then the furniture should be part of the sale – only in so far that a definite and accurate amount is expressly indicated and agreed upon by both parties. Accordingly, the legal course of law on negotiations and contract discloses that â€Å"a contract is legally binding only if its terms are sufficiently definite to enable a court to understand the parties’ obligations†¦ Restatement (Second) of Contracts  § 33(2) (1981) (reveals that) if an alleged agreement is so indefinite as to make it impossible for a court to fix the legal obligations and liabilities of the parties, it cannot constitute an enforceable contract† (TERMS OF CONTRACT MUST BE DEFINITE TO ASSURE ENFORCEABILITY pars. 1 & 2). In this regard, if the parties cannot resolve their dispute, all the more the court cannot determine the price for them; since the stipulation of a price that would be amenable to both would be subject to diverse factors including the time frame, fair market value and the date within which the parties have to agree on the indicated