Can a contract be made even if the contract is more precise than the contract itself?
Saskatchewan, Canada
The following excerpt is from Ulmer and Ulmer v. Ulmer, 1979 CanLII 2367 (SK QB):
There can be a binding contract made even if a subsequent and more precise agreement is contemplated by the parties (see Cushing v. Knight (1912), 1912 CanLII 26 (SCC), 46 S.C.R. 555). As I see it, this is the exact situation in which the defendant finds himself. Because he expected a more formal agreement would be necessary in due course, he has’ erroneously concluded that the subject agreement is not binding.
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