What are the material terms of a contract?

Ontario, Canada


The following excerpt is from Holly Downs Developments Inc. v. 1428508 Ontario Limited, 2014 ONSC 1628 (CanLII):

The principle that the court cannot make a contract for the parties if they have not agreed upon its material terms is a long-standing one: Kelly v. Watson (1921), 1921 CanLii 23, (SCC), (1921), 61 S.C.R. 482.

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