Multistate Bar Examination Practice Question

A contract may fail due to indefiniteness when the essential terms, such as the subject matter, quantity, or price, are too vague or missing. Courts require sufficiently definite terms to determine the parties' intentions and enforce the agreement. While courts may fill in certain gaps, they cannot create a contract where the parties themselves have failed to establish critical terms. The other options are not correct because courts do not reject all contracts with incomplete terms; they can imply missing terms in certain situations as long as the agreement remains sufficiently clear overall.