Explain why the contract isn''t definite enough

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Mary, the seller, and Jane contract for the sale of 500 sweaters. They agree on color and style, but not on price or time of delivery. Mary refuses to deliver the sweaters and Jane sues. What results?

Mary wins; the courts will fill in many missing terms, but never time of delivery.

Mary wins; because all these terms were omitted from the agreement, the contract is not definite enough to be valid.

Jane wins; the courts will fill in all the above-mentioned missing terms.

Mary wins; the courts will fill in many missing terms, but never price.

Reference no: EM1348636

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