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Question
Hazel offers to sell her home to Mandisa for "about $100,000 plus closing costs." Mandisa accepts Hazel's offer but a dispute arises concerning the precise dollar amount of the purchase price. How will a court resolve this dispute?
A. The court will declare the purchase price and terms too indefinite to create a binding contract.
B. The court will determine a reasonable price to be paid by Mandisa.
C. The court will appoint a licensed real estate appraiser to determine the price to be paid by Mandisa.
D. The court will require Mandisa to pay the average of her price and Hazel's price.
Answer
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