53-6-8. Executory consideration--Determination of amount.
39 words·~1 min read·
/sd/title-53/chapter-53-6/53-6-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a consideration is executory, it is not indispensable that the contract should specify its amount or the means of ascertaining it. It may be left to the decision of a third person or regulated by any specific standard.