What is the test for equalization in a contract?

British Columbia, Canada


The following excerpt is from Palmer v. Palmer, 2014 BCSC 1364 (CanLII):

As counsel for the defendant submitted, an agreement between two parties to enter into an agreement by which some critical part of the contract is left to be determined (i.e., equalization) is no contract at all: Middleton v. Howard, 2012 BCSC 1089.

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