Question: A and B signed a contract according to which A will develop a system for B . The contract states the details of the system

A and B signed a contract according to which A will develop a system for B

.

The contract states the details of the system to be developed, the acceptance criteria, and the delivery schedule. It does, however, not state the amount to be paid by B

. (

)

Is the contract valid or not, and

(

)

why?

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