The applicant initiated the procedure in April 2014. It argued that the defendant had rejected and abandoned the option agreement and that it had the right to terminate and terminate that agreement. It claimed damages for the loss of profits. The defendant argued that the option agreement was not concluded because of the uncertainty of its conditions. It relied on its argument on the phrase “mutually agreed” and argued that the contract had failed because the delivery dates, a key issue, had not been agreed between the parties and had been agreed in the future. In other words, the option agreement was an unenforceable “agreement agreement”. It also argued that it had not rejected or abandoned the option agreement. In a contractual dispute, the court will ask whether the parties wished to be bound by a future agreement. To determine your intent, the court analyzes the precise wording of a contract. Therefore, you should design your future agreement in such a way that it accepts so that you intend to meet the conditions. The judgment confirms that agreements can be binding if the lack of details for the operation of the contract is not so important that the subject matter is not easy to determine and the parties wanted to establish legal relations despite the lack of security.
however, where the original contract is incomplete, because essential provisions to govern the contractual relationship have not been settled or agreed; or the contract is too general or uncertain to be valid in itself and depends on the conclusion of a formal contract; or the agreement or intention of the parties, even if there is no uncertainty as to the terms of their agreement, whether their legal obligations are deferred until a formal contract has been approved and performed, whether the initial or provisional agreement cannot constitute an enforceable contract. In other words, in such circumstances, the “contract contract” is not a contract at all. The performance of the envisaged form document is not only a registration or a solemn reminder of an already complete and binding contract, but is indispensable for the conclusion of the contract itself. . . .