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Question
hideo owns 200 acres of land. hideo offers to sell the land to ivan for $1,500 per acre. ivan replies that he does not need 200 acres of land, but would like to buy 40 acres at $1,500 per acre. hideo agrees to sell his land but does not identify which 40 acres. later, hideo refuses to sell any land to ivan. what is the result? ivan wins; this is an enforceable contract with complete and definite terms. ivan wins; the ucc will decide which 40 acres are to be sold. hideo wins; the original offer was not intended to be an offer but merely an invitation to negotiate. hideo wins; this agreement are indefinite because it does not identify which 40 acres are to be sold.
A valid contract requires definite and certain terms. In a land - sale contract, identifying the specific property being sold is crucial. Here, while Hideo and Ivan agreed on price and quantity, they did not identify which 40 acres of the 200 - acre land were to be sold. This lack of specificity makes the agreement indefinite.
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Hideo wins; this agreement are indefinite because it does not identify which 40 acres are to be sold.