Section 22-305 - Terms to be specified. - Maryland Statutes

§ 22-305. Terms to be specified.
 

An agreement that is otherwise sufficiently definite to be a contract is not invalid because it leaves particulars of performance to be specified by one of the parties. If particulars of performance are to be specified by a party, the following rules apply: 

(1) Specification must be made in good faith and within limits set by commercial reasonableness. 

(2) If a specification materially affects the other party's performance but is not seasonably made, the other party: 

(A) Is excused for any resulting delay in its performance; and 

(B) May perform, suspend performance, or treat the failure to specify as a breach of contract. 
 

[2000, ch. 11.]