Bustamante v. Intuit, Inc Part I
Where businessman attempting to create joint venture with company reached an agreement with company that parties would cooperate in taking all steps necessary to obtain adequate funding and launch the project. However, the agreement did not specify what steps were necessary, how long parties were required to seek funding, form and amount of parties compensation and royalties, nature of individual party's management role, identity of investors and liquidity paths.The Trial court correctly concluded that material terms of contract, specifically conditions for performance, were fatally uncertain.
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