Asked by
Mikayla Edwards
on Dec 19, 2024
Verified
An agreement to agree to the material terms of a contract at some future date may be enforceable.
Agreement to Agree
An arrangement where parties agree to reach a future agreement on specific terms but have not yet agreed on all the terms.
Material Terms
Essential conditions and obligations in a contract that are critical to the agreement's performance and enforcement.
Enforceable
Capable of being imposed or upheld by law.
- Gain insight into the fundamental aspects and prerequisites for a binding agreement.
Verified Answer
KE
Learning Objectives
- Gain insight into the fundamental aspects and prerequisites for a binding agreement.