Section 22-305 - Terms to be specified.
§ 22-305. Terms to be specified.
An agreement that is otherwise sufficiently definite to be a contract is not invalid because it leaves particulars of performance to be specified by one of the parties. If particulars of performance are to be specified by a party, the following rules apply:
(1) Specification must be made in good faith and within limits set by commercial reasonableness.
(2) If a specification materially affects the other party's performance but is not seasonably made, the other party:
(A) Is excused for any resulting delay in its performance; and
(B) May perform, suspend performance, or treat the failure to specify as a breach of contract.
[2000, ch. 11.]