Arturo and Franklin are negotiating the terms of Franklin buying out Arturo's pest control book of business. Arturo says, "Look, you're a good friend so I'll give you all of my Phoenix area clients for $10,000." Franklin accepts, pays Arturo, and begins to work the accounts, only to later run into Arturo in the suburbs of Queen Creek and San Tan Valley. Arturo tells him that he is poaching on his area and that he does not consider such far-flung suburbs to be part of the greater Phoenix area. Franklin disagrees and thought they were included in the book of business he purchased. In this situation, what does the parties' contract lack?

Answer rating: 100% (QA)

In this situation the parties contract lacks a clear definition or description of the geographic scope of the book of business being sold The contract ... View the full answer