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Franklin, a Hobby-Shop Supplier, and Gordon, a Hobby-Shop Owner, Entered

Question 59

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Franklin, a hobby-shop supplier, and Gordon, a hobby-shop owner, entered into a contract that provided that Franklin would sell Gordon fifty World War II battleship models at Franklin's cost of $2.95 each, plus a reasonable profit. Gordon brought suit to enforce the contract against Franklin, who refused to deliver the models. Franklin claimed that there was no contract because of indefiniteness. Is Franklin correct?

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Yes. The price of the models is indefini...

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